ADNOC to award $55 billion in projects for 2026-2028 to advance growth strategy
DUBAI, May 3 (Reuters) - Abu Dhabi National Oil Company (ADNOC) [RIC:RIC:ADNOC.UL] said on Sunday it will award 200 billion dirhams ($55 billion) in projects for 2026-2028 to accelerate growth and deliver its strategy.
The planned awards reinforce ADNOC's five-year capital expenditure plan and will usher in a new phase of world-scale project execution across its value chain to meet growing global energy demand, the company said.
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