ADNOC Ends 2025 With $13 Billion Financing Push
Yahoo Finance·2025-12-29 11:20

Core Insights - Abu Dhabi National Oil Company (ADNOC) successfully secured $13 billion in financing deals for both conventional and lower-carbon investments, marking a significant achievement for the company in 2025 [1][2] Financing Deals - The first deal involves $11 billion in project financing for the Hail and Ghasha offshore gas development, recognized as one of the largest and most complex sour gas projects in the Middle East [2][3] - The second deal is a $2 billion green financing facility supported by Korea Trade Insurance Corporation (K-SURE), aimed at funding lower-carbon projects within ADNOC [2][4] Investor Confidence - The Hail and Ghasha project attracted participation from over 20 regional and global banks, indicating strong investor confidence in ADNOC's execution capabilities and the strategic importance of gas in the UAE's energy landscape [3][5] Sustainability Initiatives - The green financing agreement is part of ADNOC's Sustainable Finance Framework, which aims to support lower-carbon projects and reflects the company's commitment to blending traditional hydrocarbon investments with climate-aligned financing [4][6] Production Capacity - ADNOC is among the world's largest oil producers, with a current production capacity of 4.85 million barrels per day, aiming to reach 5 million bpd by 2027, which would represent approximately 5% of global oil supply [5][6] Diversification Strategy - The company holds a significant stake in Masdar, a renewables developer targeting 100 gigawatts of clean power capacity by 2030, positioning ADNOC as one of the most diversified national oil companies globally [6][7] Leadership and Market Position - Under the leadership of Dr. Sultan Al Jaber, ADNOC has undergone a modernization process that includes digitalization and international partnerships, resulting in its six listed subsidiaries accounting for about one-fifth of the total market capitalization on the Abu Dhabi Securities Exchange, valued at around $150 billion [7]