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ADNOC, ExxonMobil sign deal to collaborate on technology research and development

ADNOC, ExxonMobil sign deal to collaborate on technology research and development December 10, 2020 The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with ExxonMobil, focused on exploring joint technology research and development, R&D, partnership opportunities across the oil and gas upstream value chain. ABU DHABI The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with ExxonMobil, focused on exploring joint technology research and development, R&D, partnership opportunities across the oil and gas upstream value chain. Under the terms of the agreement, ADNOC and ExxonMobil will identify areas of mutual interest for conducting R&D and co-developing technology solutions that will help increase upstream operational efficiencies, strengthen health, safety, and environment, HSE, management, and unlock business value.

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