While Abu Dhabi, the largest and wealthiest emirate, still has abundant oil and natural gas – the UAE has the seventh largest oil reserves in the world – other emirates have all but run out of oil and have therefore been trying to diversify their economies. Abu Dhabi has joined this effort, investing heavily in […]
News from ADNOC Official Website: “This approach is central to our expanded partnership strategy, which aims to introduce new opportunities as we broaden and diversify our partnership base. The Abu Dhabi National Oil Company (ADNOC) announced, today, as part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), […]