UAE: Adnoc to collaborate across the value chain with Malaysian NOC

Abu Dhabi National Oil Company (Adnoc) on 10 March agreed with Malaysia’s Petronas to explore collaboration in Abu Dhabi’s hydrocarbons sector and in low-carbon energy industries. The national oil companies (NOCs) said their agreement took in “the exploration, development and production of conventional and unconventional hydrocarbon resources,” along with “potential partnership opportunities in trading, including the optimisation of crude and feedstock supply and refined product offtake.”