ADNOC, XRG, and Masdar have announced new strategic agreements with leading German firms, unlocking up to €5 billion in potential investments across energy, industry, and advanced technology. This collaboration deepens the economic partnership between the UAE and Germany by uniting UAE energy expertise and long-term capital with Germany's industrial and technological capabilities.

The landmark bilateral cooperation agreements were finalized during UAE President Sheikh Mohamed bin Zayed Al Nahyan's state visit to Germany, sealing a major push for economic expansion backed by a €40 billion long-term investment commitment. The deals with RWE, Securing Energy for Europe (SEFE), MB Energy, Covestro, Siemens Energy, Siemens Industrial and Bosch Middle East span liquefied natural gas (LNG), gas, renewable energy, advanced materials and technology.

Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, Executive Chairman of XRG, and Chairman of Masdar, said: “The UAE and Germany are building on decades of trusted partnership to advance economic growth and shared prosperity for the long-term. The additional €40 billon of intended long-term investments announced this week, together with the agreements ADNOC, XRG and Masdar signed today with our German partners, build on our investments across Germany’s energy and industrial landscape and mark another step forward in greater cooperation that will create new opportunities for both countries.”

The agreements were announced alongside the launch of the UAE-Germany Investment Council, which will bring government, capital and companies together to identify commercially viable opportunities, remove barriers to investment and accelerate growth in priority sectors.

ADNOC and RWE Supply & Trading have signed an LOI for up to two long-term LNG supply deals, expanding on a strategic partnership formed in February 2026. Beginning in the early 2030s, LNG will be shipped to Europe (including Germany) and Asia. Volume will draw from the growing ADNOC Gas and XRG global portfolios, spanning Ruwais, Das, Rio Grande, Mozambique, and Argentina.

TA’ZIZ and Covestro signed a Letter of Intent further detailing the next steps in their joint feasibility study into a world-scale methylene diphenyl diisocyanate (MDI) value chain in Ruwais following the initial announcement in June 2026. Subject to the study’s outcome and required approvals, the parties aim to decide on the next phase over the coming months. The ambition is to progress towards a final investment decision, potentially paving the way for production start-up in the early 2030s.

ADNOC, XRG and SEFE entered into a Memorandum of Understanding (MoU) to explore strategic opportunities across natural gas and LNG value chains. The agreement will assess potential collaboration spanning gas supply, infrastructure, logistics and portfolio optimization, with the aim of supporting long-term energy security and market development in Europe.

Covestro, Fertiglobe and MB Energy signed an MoU to explore collaboration supporting the development of low-carbon ammonia supply chains into Germany.

In renewables, Masdar and RWE signed an MoU to consider joint participation in future German offshore wind auctions. Separately, Masdar and Luxcara signed an MoU agreement establishing a strategic partnership to explore potential joint investments in offshore wind and battery storage projects in Germany and wider Europe.

ADNOC also signed Strategic Collaboration Agreements with Bosch Middle East, Siemens Energy and Siemens Industrial to explore collaboration on advanced technology and artificial intelligence.

The agreements build on more than €20 billion already invested by ADNOC, XRG and Masdar across Germany’s energy and industrial base, including XRG's landmark €14 billion investment in Covestro and Masdar's investment in the Baltic Eagle offshore wind farm, which generates enough renewable electricity to power approximately 475,000 German homes. Also, ADNOC has 1.6 million tonnes per annum (MTPA) of long-term LNG supply agreements into the German market, providing enough gas to power more than 3.5 million German households.