ADNOC | Egypt Oil & Gas - Part 4
ADNOC Secures $2Bn S.Korean Financing to Fund Sustainable Projects
Abu Dhabi National Oil Company (ADNOC) has signed a $2 billion (AED 7.34 billion) green financing agreement backed by the Korea Trade Insurance Corporation (K-SURE) to support the development of lower-carbon projects ...
ADNOC–Covestro Deal Gets Final Green Light in Germany
The Abu Dhabi National Oil Company (ADNOC), through its international investment company XRG P.J.S.C., announced on November 21 the receipt of the final outstanding regulatory approval needed for its €14.7 billion acq...
EU Approves ADNOC’s €14.7 Bn Covestro Takeover
The European Commission (EU) has granted conditional approval for Abu Dhabi National Oil Company (ADNOC)’s landmark €14.7 billion acquisition of German plastics and chemicals manufacturer Covestro, Reuters reported. T... ADNOC, SLB Launch AI Platform to Optimize Production, Reduce Downtime
Abu Dhabi National Oil Company (ADNOC) and SLB have jointly launched an advanced artificial intelligence (AI)-powered Production System Optimization (AiPSO) platform, marking a major milestone for the use of AI in lar...
KKR Acquires Minority Stake in ADNOC Gas Pipeline Assets
KKR, a leading global investment firm, has acquired a minority stake in ADNOC Gas Pipeline Assets LLC, deepening its partnership with the Abu Dhabi National Oil Company (ADNOC) and reinforcing its growth strate... ADNOC to Provide IndianOil with LNG from Ruwais Project
ADNOC inked a 15-year Sales and Purchase Agreement (SPA) agreement with the Indian Oil Corporation Ltd (IndianOil), India’s leading integrated energy player, to deliver 1 million tons of liquefied natural gas (LNG) an...
ADNOC-Led Consortium Gets More Time on $18.7bn Santos Bid
Australia’s second-largest independent gas producer Santos has agreed to extend the exclusivity period for a $18.7 billion takeover bid from a consortium led by Abu Dhabi National Oil Company (ADNOC), according ... ADNOC to Reassign its ownership in OMV to XRG.
ADNOC plans to allocate its ownership stake of 24.9% in OMV AG (OMV) to XRG P.J.S.C. (XRG), its fully owned international investment arm. This planned transfer is pending regulatory approvals.It is expected to suppor...
