The Abu Dhabi National Oil Company (ADNOC) got into an agreement with state-owned Indonesian energy company PT Pertamina (Persero) for oil and gas collaboration in both countries and globally, ADNOC said in its statement.

All Inclusive strategic framework (CSF) agreement was signed on the sidelines of an official visit to Indonesia by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed.

The extent of projects under consideration includes participation in the United Arab Emirates’ upstream oil and gas sector as well as refining and petrochemicals, LNG, LPG, aviation fuel and fuel retail convenience in Indonesia.

The two parties will also strengthen collaboration across transportation, trading and storage in the UAE.