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Adnoc Gas awards $5 billion contracts to UK companies for Rich Gas Development project.

Jun 10, 2025about 1 year ago

Contract Type

contract

Al DanahEnergyOil And Gas

Description

Adnoc Gas has awarded contracts worth $5 billion to UK companies, including Wood, Petrofac, and Kent, for the expansion of the Rich Gas Development project. This marks a significant investment in enhancing gas production capabilities.

Company Information

Company

ADNOC Gas

Location

Al Danah, Abu Dhabi Emirate, United Arab Emirates

About

ADNOC Gas is one of the world’s largest integrated gas companies operating an unmatched asset base that supplies around 60% of the UAE’s natural gas requirements and serves customers in more than 20 countries. ADNOC Gas is a subsidiary of ADNOC, one of the world's largest integrated energy companies. As a leading global gas player with access to capacity of around 10 billion standard cubic feet of gas per day (bscfd), we serve a wide range of domestic and international customers with an expanding portfolio of products. We supply around 60% of the UAE’s gas needs and export natural gas and related products to a diverse customer base in over 20 countries.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.