Mubadala Sells Cepsa’s Stakes to Carlyle
Abu Dhabi’s Mubadala has agreed to sell a 30-40% stake in Cepsa to the US-based global investment firm, Carlyle Group.
Abu Dhabi | Egypt Oil & Gas - Part 4
Eni ‘Always Interested’ in Abu Dhabi: CEO
Eni CEO Claudio Descalzi said on November 23 that Eni is “always interested in things regarding” Abu Dhabi.
ADNOC to Invest $1.4B in Bu Hasa Field
ADNOC announced on November 14 that is plans to invest $1.4 billion to upgrade and expand its onshore Bu Hasa field.
Abu Dhabi Reviewing Tender Offers for Desalination Plant
Abu Dhabi’s Department of Energy is currently studying tenders for its Taweelah desalination plant.
ADNOC to Boost Oil Production Capacity to 5M b/d by 2030
The Abu Dhabi Oil Company (ADNOC) has revealed plans to boost its production capacity to 5 million barrels per day (b/d) by the end of 2030.
Abu Dhabi’s NPCC Awarded $231M Kuwait Oil Construction Contract
Abu Dhabi's National Petroleum Construction Co. (NPCC) announced on October 2 that it had won a $231 million construction contract from the Kuwait Oil Company.
Waha Capital Buys Minority Stake in Petronash
Abu Dhabi investment company Waha Capital has bought a minority stake in Dubai-based oilfield services and manufacturing company Petronash Holdings worth $88 million.
Baker Hughes Acquired 5% Stake in ANDOC Drilling for $550 million
Baker Hughes General Electric (BHGE), the world's second-largest services company, has purchased a 5% interest in the Abu Dhabi National Oil Company’s (ANDOC) drilling unit.
Mubadala to List 25% Cepsa Stake
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO).
Japanese Jera Buys Abu Dhabi LNG
Japan’s Jera Co. announced it had signed memorandum of understanding (MoU) for a liquified natural gas (LNG) supply from the Abu Dhabi Gas Liquefaction Company Ltd (ADNOC LNG).
