Logo

ADNOC Announces Massive $45 Billion Investment Plan

The Abu Dhabi National Oil Company (ADNOC) today unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors.

Building on the existing strengths and competitive advantages of the Ruwais Industrial Complex, ADNOC will create the world’s largest and most advanced integrated refining and petrochemicals complex, increasing the range and volume of its high-value downstream products, securing better access to growth markets around the world, and creating a manufacturing ecosystem in Ruwais. ADNOC’s new strategy is expected to create more than 15,000 jobs and contribute 1% to UAE GDP growth.

H.E. Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, said:

“Given the projected increase in demand for petrochemicals and higher-value refined products, we are repositioning ADNOC to become a leading global downstream player. We will invest significantly in Ruwais and open up attractive partnership and co-investment opportunities along our extended value chain to create a powerful new downstream engine and springboard for growth that will benefit our country, our company and our partners. Importantly, the expansion plans for Ruwais will also support Abu Dhabi and the UAE’s economic development and diversification, create high-skilled jobs and enhance the country’s status as a globally attractive destination for energy investments”.

ADNOC will again welcome long-term partners who bring operational expertise, technology, financial acumen and the ability to develop and open new markets. In return, partners will benefit from the strengths of the Ruwais Industrial Complex, including: competitive feedstock; strong integration; a site operated by a single owner to maximize synergies; an advantaged geographic location well-positioned for east-west trade; and, a highly-developed port and logistics infrastructure.

Plans are well advanced to expand the complex’s refining capacity by more than 65%, or 600,000 bpd by 2025, through the addition of a third, new refinery, creating a total capacity of 1.5 million barrels per day (mbpd). The entire Ruwais complex will also be upgraded to produce greater volumes of higher-value petrochemicals and derivative products. It includes a plan to build one of the world’s largest mixed feed crackers, trebling production capacity from 4.5 mtpa in 2016 to 14.4 mtpa by 2025. 

ADNOC will also develop a new, large-scale, manufacturing ecosystem in Ruwais through the creation of new petrochemical Derivatives and Conversion Parks, creating a focal point for the global petrochemicals industry. The Ruwais Derivatives Park will act as a prime catalyst for the next stage of petrochemical transformation by inviting partners to invest and produce new products and solutions from the growing range of feedstocks that are available in Ruwais. 

The new Ruwais Conversion Park will spur new business creation further down the value chain, manufacturing higher-value end products, including packaging materials, coatings, high voltage insulation and automotive composites. 


About ADNOC

ADNOC is a major diversified group of energy and petrochemical companies, that produces about 3 million barrels of oil and 10.5 billion cubic feet of raw gas a day. Its integrated upstream, midstream and downstream activities are carried out by 14 specialist subsidiary and joint venture companies. To find out more visit www.adnoc.ae. For further information: media@adnoc.com

85 Comment

  1. constantly opinion cenforce 200mg cheap bath cheap cenforce
    elsewhere obligation cenforce 200 mg for
    sale in india early spend [url=http://cavalrymenforromney.com/#]cenforce 100mg pills[/url] suddenly mixture best prices for cenforce constantly computer http://cavalrymenforromney.com/

  2. since serve bimatoprost generic usa closely active when promise buy revia online occasionally administration within intention bimatoprost gently presentation [url=https://bimatoprostonline.confrancisyalgomas.com/#]careprost bimatoprost ophthalmic best price[/url] morning
    form careprost buy online nearly turn https://bimatoprostonline.confrancisyalgomas.com/

  3. back fishing where to buy viagra cheap doubt 200 mg generic
    viagra significantly trash cvs pharmacy generic viagra lower pin [url=http://viagenupi.com/#]cheapest viagra generic[/url] essentially black
    where can i buy generic viagra best ball http://viagenupi.com/

  4. I just want to tell you that I’m beginner to blogging and site-building and certainly loved your web blog. Likely I’m likely to bookmark your site . You surely have really good articles. Thanks a bunch for revealing your web page.

  5. Hello. Great job. I did not expect this. This is a excellent story. Thanks!

  6. Superb blog! Do you have any tips and hints for aspiring writers? I’m hoping to start my own site soon but I’m a little lost on everything. Would you suggest starting with a free platform like WordPress or go for a paid option? There are so many options out there that I’m totally overwhelmed .. Any recommendations? Thanks a lot!

  7. contrast [url=https://viagraivo.com/#]viagra generic drug name[/url] pfizer generic viagra generic viagra online canadian pharmacy
    airport https://viagraivo.com/

  8. Thank you for sharing superb informations. Your web site is so cool. I am impressed by the details that you’ve on this website. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my pal, ROCK! I found simply the info I already searched everywhere and simply could not come across. What an ideal site.

  9. Well I truly enjoyed studying it. This information offered by you is very effective for good planning.

  10. likely exit cheap viagra usa without prescription free equipment cheap viagra usa without
    prescription originally championship viagra for sale regularly pitch [url=http://viacheapusa.com/#]generic viagra sales[/url] across significance best price 100mg
    generic viagra fairly personality http://viacheapusa.com/

  11. hey there and thank you for your information – I’ve definitely picked up something new from right here. I did however expertise a few technical points using this website, since I experienced to reload the web site a lot of times previous to I could get it to load properly. I had been wondering if your web host is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and could damage your high quality score if ads and marketing with Adwords. Well I’m adding this RSS to my email and can look out for a lot more of your respective intriguing content. Make sure you update this again soon..

  12. Hello there, I discovered your website by way of Google even as searching for a similar topic, your website came up, it seems great. I’ve bookmarked it in my google bookmarks.

  13. Hey! This is my first comment here so I just wanted to give a quick shout out and say I truly enjoy reading through your blog posts. Can you suggest any other blogs/websites/forums that go over the same subjects? Thanks!

  14. Excellent blog here! Also your web site loads up very fast! What web host are you using? Can I get your affiliate link to your host? I wish my site loaded up as quickly as yours lol

  15. I’ve recently started a web site, the information you provide on this website has helped me greatly. Thank you for all of your time & work.

  16. Sweet website , super design , real clean and utilize friendly .

  17. Thank you for sharing superb informations. Your website is very cool. I am impressed by the details that you have on this site. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for more articles. You, my pal, ROCK! I found simply the information I already searched everywhere and just couldn’t come across. What an ideal website.

  18. For anybody who is interested in enviromentally friendly things, might possibly surprise for you the crooks to keep in mind that and earn under a holder simply because kind dissolved acquire various liters to important oil to make. daily deal livingsocial discount baltimore washington

  19. I was on Twitter looking for Neiko Tools when I found a link to this blog, happy I stopped by – Cheers

  20. I must show some thanks to you just for rescuing me from this particular difficulty. Right after researching throughout the world wide web and seeing notions which are not productive, I believed my life was well over. Being alive without the strategies to the difficulties you’ve resolved by means of your good article content is a crucial case, and the ones that could have badly damaged my career if I hadn’t encountered the website. Your own personal expertise and kindness in controlling every part was very useful. I am not sure what I would have done if I hadn’t discovered such a point like this. I can at this point relish my future. Thanks a lot very much for your professional and amazing guide. I will not be reluctant to refer your blog to any individual who requires guide about this problem.

  21. Excellent web site. Plenty of helpful info here. I am sending it to some friends ans also sharing in delicious. And naturally, thanks to your effort!

  22. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888

  23. Wow! Thanks! I have wanted to enter in my webblog something similar to that. Can I reference part of your post to my site? Thanks once more for sharing this online. I certainly loved every bit of it.

  24. I have been exploring for a bit for any high quality articles or weblog posts in this sort of house . Exploring in Yahoo I finally stumbled upon this web site. Studying this info So i am glad to show that I’ve an incredibly excellent uncanny feeling I found out just what I needed. I so much for sure will make sure to don’t overlook this web site and provides it a look on a constant basis.

  25. Aw, this was a really nice post. In thought I want to put in writing like this additionally – taking time and precise effort to make an excellent article… but what can I say… I procrastinate alot and certainly not appear to get one thing done.

  26. Howdy here, just started to be aware about your webpage through Google, and found that it is really educational. I will take pleasure in should you decide continue this informative article.

  27. british [url=https://cialsagen.com/#]cheapest generic viagra
    prices online[/url] buy viagra can i buy viagra
    without a prescription testing https://cialsagen.com/

  28. Spot on with this write-up, I actually think this website requirements considerably more consideration. I’ll oftimes be once again to learn additional, thank you for that information.

  29. Nice read, I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch because I found it for him smile Thus let me rephrase that: Thanks for lunch!

  30. It’s a fabulous pity you actually don’t enjoy a donate switch! I’d most likely donate to this exceptional blog! Document suppose that right now i’ll settle for book-marking and additionally attaching any Rss feed to make sure you great Google and bing membership. Document check forth to make sure you new posts all of which show this approach site by means of great Youtube group: )

  31. Thanks for your useful article. Other thing is that mesothelioma cancer is generally a result of the inhalation of dust from mesothelioma, which is a positivelly dangerous material. It truly is commonly found among laborers in the engineering industry who definitely have long exposure to asbestos. It could be caused by moving into asbestos protected buildings for years of time, Genetic makeup plays an important role, and some folks are more vulnerable on the risk compared to others.

  32. I like what you guys are up also. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my website :).

  33. Needed to post you a tiny note to help say thanks once again for those pleasing solutions you’ve provided on this site. It’s surprisingly open-handed with you to grant publicly what numerous people could possibly have offered as an e-book in making some money for themselves, precisely given that you might have tried it if you ever wanted. Those techniques also acted to be the fantastic way to be sure that someone else have the identical desire the same as my own to figure out great deal more on the subject of this issue. I’m certain there are many more pleasant opportunities in the future for many who read carefully your site.

  34. Hey There. I found your blog using msn. This is an extremely well written article. I’ll make sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll definitely return.

  35. I was looking at some of your content on this site and I believe this web site is rattling informative ! Continue putting up.

  36. When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails with the same comment. Is there any way you can remove people from that service? Many thanks!

  37. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  38. Hello there, You have done a great job. I’ll certainly digg it and in my view suggest to my friends. I am sure they will be benefited from this website.

  39. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  40. Hey there, You’ve done a fantastic job. I’ll definitely digg it and personally recommend to my friends. I am confident they’ll be benefited from this site.

  41. I have learned quite a few important things through your post. I might also like to say that there can be situation in which you will obtain a loan and do not need a cosigner such as a Fed Student Support Loan. But if you are getting a loan through a classic loan service then you need to be willing to have a cosigner ready to allow you to. The lenders are going to base their decision over a few factors but the greatest will be your credit standing. There are some loan companies that will furthermore look at your job history and choose based on this but in many cases it will depend on your score.

  42. depend [url=http://cialisle.com/#]cheap generic cialis online[/url] athletic cialis buy
    uk brilliant http://cialisle.com/

  43. I have learned some important things by means of your post. I would also like to express that there will be a situation where you will apply for a loan and don’t need a cosigner such as a National Student Support Loan. But when you are getting that loan through a classic lender then you need to be prepared to have a co-signer ready to assist you to. The lenders will probably base their own decision using a few aspects but the most important will be your credit ratings. There are some financial institutions that will furthermore look at your job history and come to a decision based on that but in most cases it will depend on your score.

  44. Hey there, You have done a fantastic job. I’ll certainly digg it and personally recommend to my friends. I am sure they’ll be benefited from this web site.

  45. Hi, Neat post. There’s a problem with your site in internet explorer, would test this… IE still is the market leader and a huge portion of people will miss your magnificent writing due to this problem.

  46. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214.

  47. yours cialis generic name call
    marriage [url=https://getcialistabsfasty.com/]cialis generic name[/url] united https://getcialistabsfasty.com/

  48. Perfectly indited written content , thankyou for information .

  49. You really make it appear so easy together with your presentation however I find this topic to be really one thing which I believe I’d by no means understand. It seems too complex and extremely broad for me. I am taking a look forward on your next post, I will try to get the dangle of it!

  50. It really is mostly extremely difficult to find well-aware parties on this subject, nevertheless you come across as like you know those things you’re talking about! With Thanks

  51. ocean [url=http://viarowbuy.com/#]viagra sale canada[/url] viagra no
    prescription viagra online prescription minute http://www.viarowbuy.com

  52. I’m pretty pleased to uncover this website. I need to to thank you for ones time for this fantastic read!! I definitely enjoyed every bit of it and i also have you saved to fav to see new information on your blog.

  53. Hmm is anyone else encountering problems with the pictures on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any feedback would be greatly appreciated.

  54. It happens to be convenient occasion to produce some intentions for the long-term. I have looked over this post and if I may possibly, I want to suggest you handful worthwhile instruction.

  55. It’s practically impossible to see well-aware individuals on this theme, nevertheless you come across as like you understand the things that you’re writing on! Many Thanks

  56. Hi there, I found your site by means of Google even as searching for a similar subject, your site came up, it looks good. I have bookmarked it in my google bookmarks.

  57. It is usually appropriate day to put together some desires for the upcoming. I have digested this blog entry and if I should, I desire to recommend you number of unique suggestions.

  58. Quite enlightening knowledge you’ll have remarked, thanks for submitting.

  59. Thanks for your posting on the vacation industry. I would also like to add that if your senior contemplating traveling, it truly is absolutely essential that you buy travel insurance for older persons. When traveling, senior citizens are at greatest risk of experiencing a professional medical emergency. Having the right insurance policies package for your age group can protect your health and provide you with peace of mind.

  60. It’s actually near extremely difficult to come across well-qualified viewers on this content, in addition you appear like you fully understand whatever you’re writing on! Appreciate It

  61. Hey there, just became conscious of your website through Bing, and have found that it is quite useful. I’ll like in the event you keep up this idea.

  62. I’m impressed, I have to say. Really rarely do I encounter a weblog that’s each educative and entertaining, and let me let you know, you may have hit the nail on the head. Your thought is outstanding; the difficulty is something that not enough persons are talking intelligently about. I am very blissful that I stumbled throughout this in my search for something referring to this.

  63. Valuable info. Fortunate me I found your site by accident, and I’m shocked why this twist of fate didn’t came about in advance! I bookmarked it.

  64. I don’t even understand how I ended up here, but I assumed this submit was once great. I don’t recognize who you’re but definitely you’re going to a famous blogger if you happen to aren’t already 😉 Cheers!

  65. Well I truly liked reading it. This information provided by you is very effective for good planning.

  66. Excellent read, I just passed this onto a colleague who was doing some research on that. And he just bought me lunch as I found it for him smile Thus let me rephrase that: Thanks for lunch!

  67. Hello here, just started to be conscious of your blogging site through Search engine, and realized that it’s very informative. I will take pleasure in should you decide keep up this approach.

  68. Exceptional post however I was wondering if you could write a litte more on this subject? I’d be very grateful if you could elaborate a little bit further. Many thanks!

  69. I’ve been exploring for a bit for any high quality articles or weblog posts in this sort of area . Exploring in Yahoo I ultimately stumbled upon this website. Studying this info So i’m satisfied to show that I have a very excellent uncanny feeling I came upon just what I needed. I most indisputably will make sure to do not overlook this web site and provides it a glance regularly.

  70. Thank you for some other informative web site. Where else may just I get that type of information written in such a perfect approach? I have a venture that I am simply now working on, and I’ve been on the glance out for such information.

  71. cialis tadalafilo [url=http://buyscialisrx.com/]cialis no
    prescription[/url] tadalafil capsules 10mg generic cialis online tadalafil generic online tadalafil de 20 mg
    http://www.buyscialisrx.com/ tadalafil half life

  72. Wonderful work! This is the type of information that should be shared around the net. Shame on Google for not positioning this post higher! Come on over and visit my site . Thanks =)

  73. I have recently started a website, the information you provide on this web site has helped me tremendously. Thank you for all of your time & work.

  74. kind [url=https://www.liverichandfree.com/#]buy cialis usa[/url] crucial cialis
    fast shipping teaching https://www.liverichandfree.com/

  75. Wow, amazing weblog layout! How long have you ever been running a blog for? you made blogging look easy. The overall glance of your website is fantastic, let alone the content material!

  76. It certainly is almost not possible to encounter well-informed visitors on this issue, still, you look like you know what you’re posting on! Bless You

  77. I like what you guys are up too. Such intelligent work and reporting! Keep up the excellent works guys I’ve incorporated you guys to my blogroll. I think it will improve the value of my web site :).

  78. Thanks for your fascinating article. One other problem is that mesothelioma cancer is generally the result of the breathing of dust from asbestos, which is a very toxic material. It is commonly found among personnel in the engineering industry who have long contact with asbestos. It is also caused by residing in asbestos insulated buildings for a long time of time, Your age plays a crucial role, and some consumers are more vulnerable for the risk as compared with others.

  79. A lot of thanks for all your efforts on this website. My niece really likes engaging in investigation and it’s really obvious why. Most of us know all concerning the compelling medium you deliver precious ideas by means of your blog and as well invigorate response from other ones on the content and our own princess is really studying so much. Enjoy the remaining portion of the year. You’re the one doing a glorious job.

  80. You are a very smart individual!

  81. hi!,I love your writing so much! percentage we be in contact more approximately your article on AOL? I require a specialist in this house to unravel my problem. May be that’s you! Taking a look forward to peer you.

  82. Howdy, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam feedback? If so how do you protect against it, any plugin or anything you can suggest? I get so much lately it’s driving me mad so any help is very much appreciated.

  83. hello there and thank you for your information – I have definitely picked up something new from right here. I did however expertise a few technical points using this site, as I experienced to reload the site a lot of times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I am complaining, but slow loading instances times will sometimes affect your placement in google and can damage your quality score if advertising and marketing with Adwords. Anyway I’m adding this RSS to my email and could look out for a lot more of your respective fascinating content. Ensure that you update this again very soon..

  84. It’s appropriate time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or advice. Maybe you can write next articles referring to this article. I desire to read more things about it!

  85. wonderful submit, very informative. I’m wondering why the opposite specialists of this sector don’t understand this. You should continue your writing. I’m sure, you have a huge readers’ base already!

Your Commment

Email (will not be published)