Bid & Tender


ADNOC Signs Series of Agreements with South Korean Firms

ADNOC announced in a statement that, UAE President H.H. Sheikh Mohamed bin Zayed Al Nahyan and H.E. Yoon Suk Yeol, President of the Republic of Korea, witnessed the signing of a series of ADNOC agreements during a state visit to the Republic of Korea.


This included the development of low-carbon ammonia value chains with our Korean counterparts. Alongside KNOC, GS Energy and Samsung E&A, ADNOC will explore the co-development of production and infrastructure in Abu Dhabi to supply the Korean market with low-carbon ammonia.


ADNOC L&S has signed Letters of Intent with Samsung Heavy Industries and Hanwha Ocean to construct up to 10 newbuild LNG carriers, as we continue to invest in our lower-carbon LNG portfolio to meet rising global demand.


According to the terms of the Letter of Intent, each LNG carrier has a capacity of 174,000 cubic meters. The LNG carriers will be scheduled for delivery in 2028.


Additionally, ADNOC signed an MoU with Hyosung to explore collaboration opportunities, including across the LPG value chain, such as logistics and supply.


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