3 May 2024
ADNOC’s evolution: Emirati major revs up for leader role in global energy transition
Publication date: 09 February 2024
Gas Strategies Group
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London UK
EC4A 4AD
ISSN: 0964-8496
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In recent years, the Abu Dhabi National Oil Company (ADNOC) has made bold moves to transition from its legacy as a top Middle Eastern oil producer to championing gas and LNG growth, while investing heavily in low-carbon opportunities, such as carbon capture and storage (CCS) and hydrogen.
Although the appointment of its CEO as president of COP28 in Dubai was controversial, the event was seen as a success by the legacy energy sector and hailed as “pragmatic” – a word that could be applied to ADNOC’s approach as it vies to position itself as a leading player within the global energy transition.