ADNOC has signed a strategic framework agreement with Exxon Al Khalij Inc focused on exploring joint technology research and development partnership opportunities across the oil and gas upstream value chain. The Abu Dhabi National Oil Company (ADNOC) has announced that it has signed a strategic framework agreement with Exxon Al Khalij Inc focused on exploring joint technology research and development (R&D) partnership opportunities across the oil and gas upstream value chain. As part of the deal, the companies 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 management and unlock business value, ADNOC noted. Initial areas identified include advanced non-metallic solutions, field testing and integrity management, smart reservoir management and well monitoring systems and innovative emergency response systems, ADNOC outlined. “We are excited to be expanding on our long-standing partnership to lay the […]