ADNOC

TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League at Yas Marina Circuit

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일요일, 4월 28, 2024
Technology, Motor Sports, Sports, Automotive, General Automotive, Entertainment, Events, Concerts, Autonomous Driving, Vehicles, Artificial Intelligence, Technical University of Munich, Virtual reality, Formula, Imagination, The Sleepover Club, AI, Sport, Formula One, ADNOC, DMT, TII, STEM, Intelligence, Knowledge, Attention, Engineering, VR, Algorithm, Science, Heriot-Watt University, ATRC, Multimedia, Student, Institute of technology, Boy, Technology Innovation Institute, AWS, Super Formula Championship, Naming

TUM (Technical University of Munich) from Germany, claimed victory at the inaugural Abu Dhabi Autonomous Racing League (A2RL) , at Yas Marina Circuit on Saturday (April 27).

Key Points: 
  • TUM (Technical University of Munich) from Germany, claimed victory at the inaugural Abu Dhabi Autonomous Racing League (A2RL) , at Yas Marina Circuit on Saturday (April 27).
  • View the full release here: https://www.businesswire.com/news/home/20240428292385/en/
    TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League at Yas Marina Circuit - (Photo: AETOSWire)
    Bringing a science experiment to the racetrack, the inaugural race pushed the boundaries of autonomous technology while adding entertainment value to extreme sports at an unprecedented scale.
  • Al Bannai, said: “Through the Abu Dhabi Autonomous Racing League, we've sparked a race revolution.
  • The inaugural event concluded with a spectacular display of fireworks and drones, illuminating the iconic Yas Marina Circuit.

Gecko Robotics and Al Masaood Energy Partner to Help ADNOC Gas Revolutionize Asset Operations and Maintenance with AI and Advanced Robotics

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화요일, 4월 30, 2024
Environment, Technology, Climate Change, Oil, Gas, Software, Alternative Energy, Green Technology, Energy, Robotics, Artificial Intelligence, Excellency, LTI, Power, Safety, ADNOC, Partnership, Carbon, Government, Data collection, Ministry, COP28, CO2, Renewable energy

Gecko Robotics and Al Masaood Energy today announced a multi-year contract with ADNOC Gas, an integrated gas processing company and a subsidiary of Abu Dhabi National Oil Company (ADNOC), one of the world’s largest integrated energy companies.

Key Points: 
  • Gecko Robotics and Al Masaood Energy today announced a multi-year contract with ADNOC Gas, an integrated gas processing company and a subsidiary of Abu Dhabi National Oil Company (ADNOC), one of the world’s largest integrated energy companies.
  • Gecko software platform, Cantilever, takes that data and combines it with operational data to allow for precision repairs and preventive maintenance.
  • “The partnership between Gecko and Al Masaood Energy serves as a compelling demonstration of how cutting-edge technologies can be instrumental in realizing the nation's ambitious net zero objectives” said Ahmad El Tannir, General Manager of Al Masaood Energy.
  • Gecko’s advanced data collection and analysis capabilities have also been shown to decrease carbon emissions in partnership with customers.

Making History: ASPIRE to Launch Inaugural ‘Abu Dhabi Autonomous Racing League’ Redefining Future of Extreme Sport on April 27

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화요일, 4월 23, 2024
Wearables, Mobile Technology, Motor Sports, Other Science, Autonomous Driving, Vehicles, Automotive, Research, Artificial Intelligence, Software, Extreme Sports, Data Management, Science, Technology, Entertainment, Other Sports, Oil, Gas, Sports, Energy, Robotics, Events, Concerts, AI, Formula One, School, Yas Marina Circuit, Partnership, Corrosion engineering, GST, Machine learning, F1, Algorithm, Khalifa University, GPS, Vislink Technologies, Technology Innovation Institute, Safety, Polytechnic University of Milan, Advanced Technology Research Council, ADNOC, TII, Motorsport, Beijing Institute of Technology, VR, Multimedia, Institute of technology, AWS, University, Kintsugi, DMT, Organizer, Motorsport.tv, Constructor University, Machine head, Arabian Peninsula, Interest, Amusement park

This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally.

Key Points: 
  • This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally.
  • These cars will be autonomized with autonomous racing stacks developed and integrated by the Technology Innovation Institute (TII).
  • ADNOC has come on board as title sponsor, providing crucial support, underscoring the widespread enthusiasm for advancing autonomous racing technology.
  • The inaugural A2RL event is part of Abu Dhabi Mobility Week, running from April 24 to May 1.

ICE Announces Record Trading Activity in Murban Crude as ICE Futures Abu Dhabi Marks Third Anniversary

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금요일, 4월 19, 2024
Professional Services, Oil, Gas, Energy, Finance, Fintech, Banking, ADNOC, ICE, Intercontinental Exchange, Record, OI, Intercontinental

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary.
  • IFAD and ICE’s Murban futures market launched in March 2021 with the Abu Dhabi National Oil Company (ADNOC) and nine of the world’s largest energy traders as founding partners.
  • On April 15, 2024, Murban futures hit a single day volume record with 36,464 contracts traded.
  • “Three years on from launch, we, together with ADNOC and our partners, have built a truly global Murban futures market which sits alongside benchmark crude grades Brent and Midland WTI,” said Gary King, President, ICE Futures Abu Dhabi.

Technip Energies, JGC and NPCC Received Limited Notice To Proceed for ADNOC’s Ruwais LNG Project in the UAE

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수요일, 3월 13, 2024
JGC, NPCC, Energy, Partnership, Carbon, ADNOC, TJN, Plant, MENA, Nuclear energy, Limited, EPC, Natural gas

Technip Energies (PARIS: TE), leader of a joint venture (TJN RUWAIS JV) with JGC and NPCC, have received a Limited Notice To Proceed (LNTP) from ADNOC to commence early engineering, procurement and construction (EPC) activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.

Key Points: 
  • Technip Energies (PARIS: TE), leader of a joint venture (TJN RUWAIS JV) with JGC and NPCC, have received a Limited Notice To Proceed (LNTP) from ADNOC to commence early engineering, procurement and construction (EPC) activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.
  • The project will consist of two natural gas liquefaction trains with a total LNG production capacity of 9.6 Mtpa(1).
  • The project will significantly enhance ADNOC's LNG production capacity aligning with global natural gas demand and the shift towards decarbonization.
  • We commit to leveraging our capabilities and experience for the Ruwais low-carbon LNG Project, bringing to the project our proven track record in the LNG field.

COP28 President, Dr. Sultan Al Jaber Receives Leadership Award at CERAWeek by S&P Global 2024

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화요일, 3월 19, 2024
Consensus, S&P Global, Consensus decision-making, Climate, ADNOC, Engineering, Climate change, COP28, Paris Agreement, Hand, Management

HOUSTON, March 19, 2024 /PRNewswire/ -- Dr. Sultan Al Jaber, the President of COP28, UAE Special Envoy for Climate Change and Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC is the recipient of the CERAWeek Leadership Award, presented in Houston at the world's preeminent energy conference, CERAWeek by S&P Global.

Key Points: 
  • Dr. Al Jaber, appearing virtually, received the award from Daniel Yergin, Vice Chairman of S&P Global and CERAWeek conference chair, recognizing his leadership at COP28 to deliver the UAE Consensus for a global agreement on a sustainable energy future.
  • "We are pleased to honor Dr. Sultan Al Jaber with the CERAWeek Leadership Award," Yergin said.
  • "I am deeply honored to accept the CERAWeek Leadership Award for the UAE Consensus," Dr. Al Jaber said upon receiving the award.
  • Speaking to industry leaders gathered at CERAWeek, Dr. Al Jaber underscored that "the task at hand is massive, but so is the opportunity.

Landmark UAE Consensus becomes defining framework for all countries to keep 1.5°C within reach and ensure global implementation

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수요일, 2월 14, 2024
Consensus, COP29, Traction, Multilateralism, OPEC, Loss and damage, Methane, COP28, Nature, Cop, Finger, ADNOC, Solidarity, COP21, Carbon, Private sector, History, COP, UNFCCC, Nationally determined contribution, Environment, Science, International Monetary Fund, Justice, Consensus decision-making, Partnership, Renewable energy

It gives clear direction to all countries on how to keep 1.5°C within reach, transforms agreements into tangible outcomes, and ensures global implementation by delivering a set of world firsts.

Key Points: 
  • It gives clear direction to all countries on how to keep 1.5°C within reach, transforms agreements into tangible outcomes, and ensures global implementation by delivering a set of world firsts.
  • The UAE Consensus reaffirms the UAE's position as a global leader in multilateral climate and development settings.
  • The UAE Consensus also proved that multilateralism can still work, even at a time of high geopolitical tension.
  • "If this agreement is to get traction, we need serious action," Dr. Al Jaber said, "Now the hard work begins."

Landmark UAE Consensus becomes defining framework for all countries to keep 1.5°C within reach and ensure global implementation

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월요일, 2월 12, 2024
Consensus, COP29, Traction, Multilateralism, OPEC, Loss and damage, Methane, COP28, Nature, Cop, Finger, ADNOC, Solidarity, COP21, Carbon, Private sector, History, COP, UNFCCC, Nationally determined contribution, Environment, Science, International Monetary Fund, Consensus decision-making, Partnership, Renewable energy

The UAE Consensus also successfully operationalized and began financing a fund to address Loss and Damage for the first time.

Key Points: 
  • The UAE Consensus also successfully operationalized and began financing a fund to address Loss and Damage for the first time.
  • The UAE Consensus reaffirms the UAE's position as a global leader in multilateral climate and development settings.
  • The UAE Consensus also proved that multilateralism can still work, even at a time of high geopolitical tension.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through the UAE Consensus.

Halliburton Announces Fourth Quarter 2023 Results and Increases Dividend

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화요일, 1월 23, 2024
Other Manufacturing, Technology, Engineering, Other Energy, Oil, Gas, Manufacturing, Software, Energy, Machine Tools, Metalworking & Metallurgy, Well, Weather, Hand, Petrobras, Risk, AIQ, Net income, Sekal, Growth, Instability, Behavior, Gulf of Mexico, AICD, Evaluation, Safety, Completion, ADNOC, Advanced process control, Organization, International, Public expenditure, Automation, HAL, Adjustment, Climate, MPD, CENS, Drug

Halliburton Company (NYSE: HAL) announced today net income of $661 million, or $0.74 per diluted share, for the fourth quarter of 2023.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today net income of $661 million, or $0.74 per diluted share, for the fourth quarter of 2023.
  • Halliburton's total revenue for the fourth quarter of 2023 was $5.7 billion, flat when compared to the third quarter of 2023.
  • Operating income was $1.1 billion in the fourth quarter of 2023, a 2% increase when compared to the third quarter of 2023.
  • Halliburton Labs participating companies OCOChem, Ionada and Disa Technologies each separately announced they successfully closed equity funding in the fourth quarter.

Response Plus Medical announces strategic acquisition of UK-based Prometheus as part of global expansion plans

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월요일, 1월 22, 2024
RPM, Emergency, Trauma, Consultant, Partnership, Shell, Name, Growth, Very important person, Air medical services, Oxy, Prometheus, GCC, Acquisition, KSA, ADNOC, Defense, Organization, Abu Dhabi Securities Exchange, DCAS, NHS, Schlumberger, Nursing

Prometheus is part of Safeguard Medical, a global provider of innovative emergency medical technologies and specialized training for first responders.

Key Points: 
  • Prometheus is part of Safeguard Medical, a global provider of innovative emergency medical technologies and specialized training for first responders.
  • RPM is part of Response Plus Holding PJSC, the largest pre-hospital medical services provider in the UAE and KSA, listed on the Abu Dhabi Securities Exchange.
  • This acquisition brings together two leading healthcare providers forming a credible Global healthcare platform for Energy and Defense companies.
  • Dr. Rohil Raghavan, CEO of Response Plus Medical, reinforced the importance of this acquisition in implementing the company's global expansion strategy.