ZAWYA-PRESSR: ADNOC Group update on continued operations

Abu Dhabi, UAE – ADNOC confirms that its operations continue despite current regional developments. The company has activated its well-established protocols and is working closely with the relevant authorities to protect its people, assets, and operations.Business units are assessing the situation on a product-by-product and transaction-by-transaction basis, considering the ongoing disruption that is affecting shipping through the Strait of Hormuz. ADNOC continues to use export capacity that bypasses the Strait and its international storage facilities, ensuring supply continuity to global markets.ADNOC’s sales and trading teams are proactively engaging with affected customers where shipment schedules may be impacted. ADNOC values its relationships with its commercial partners and will continue to communicate the latest available information directly with them.As a responsible operator, ADNOC is carefully managing offshore production levels to address storage requirements, while maintaining the safety of its people, assets, and facilities. This approach preserves operational flexibility and will enable the company to resume normal operations without prolonged delay.ADNOC’s onshore operations continue.About ADNOCADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification. To find out more, visit: www.adnoc.aeFor media inquiries, please contact: media@adnoc.aeSend us your press releases to pressrelease.zawya@lseg.comDisclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.