ADNOC And PETRONAS Sign Comprehensive Strategic Framework Agreement
Agreement builds on the strong bilateral ties between the UAE and Malaysia
ADNOC and PETRONAS to explore opportunities for collaboration across the upstream and downstream sectors as well as in trading and technology
Areas of potential partnerships include Hydrogen, CCUS, R&D, Technology including EOR, bunkering, and exploration and hydrocarbon development
The Abu Dhabi National Oil Company (ADNOC) announced today, a strategic framework agreement with Petroliam Nasional Berhad (PETRONAS) to explore opportunities for collaboration across the full oil and gas value chain.
The first-ever agreement between both companies builds on the strong bilateral ties between the United Arab Emirates (UAE) and Malaysia and underscores ADNOC’s expanded approach to strategic partnerships that is enabling it to unlock and maximize value across its entire portfolio as it delivers its 2030 strategy.