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 su ...
A consortium led by ADNOC’s (Abu Dhabi National Oil Company) subsidiary, XRG, including the International Energy Investment Company, ADQ (Abu Dhabi Development Holding Company), and global investment firm Carlyle, ...
Minister of Petroleum and Mineral Resources Karim Badawi received Nasser Al-Yafei, the CEO of Arcius company which is the joint venture between bp and XRG in Egypt.
XRG and bp announced they have reached financial close and completed formation of their new joint venture (JV) and international natural gas platform – Arcius Energy.
Arcius Energy, initially to operate in ...
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