Post Tagged with: "ADNOC"

Source: Reuters

Morgan Stanley not given advisory role on Aramco pipeline sale: sources


LONDON/DUBAI  – Morgan Stanley (MS.N) has not been given an advisory role on the potential sale of a stake in Saudi Aramco’s pipeline business, a deal worth over $10 billion, two sources told Reuters.

The U.S. investment …

Source: Reuters

As Aramco hails record IPO, Abu Dhabi’s ADNOC whips up $19 billion


Dubai – The talk’s all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash. But, more quietly, its Gulf oil peer ADNOC has also been courting foreign funds – and its efforts …

January 15, 2020 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Reuters/Christopher Pike

Oil is our gold and we aim to use all of it, ADNOC official says


Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.

The world’s transition away from fossil …

Source: Abu Dhabi National Oil Company

Singapore’s Sovereign Wealth Fund Joins KKR and BlackRock in Abu Dhabi Pipeline Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Combined investment in Abu Dhabi National Oil Company’s pipeline project reaches almost $5 billion
Source: Abu Dhabi National Oil Company

Singapore’s sovereign wealth fund, GIC, has entered into an agreement with

Abu Dhabi National Oil Company (ADNOC) (PRNewsFoto/Abu Dhabi National Oil Company)

KKR, BlackRock Set to Invest in ADNOC Pipeline Unit

From Bloomberg

KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.


February 25, 2019 - 3:05 pm Closing Bell Story‎, Energy News, International
Baker Hughes to Double Investments in UAE

Baker Hughes to Double Investments in UAE

As ADNOC preps $45 billion partnership to create the single largest integrated refining and petrochemicals destination in the world

From Gulf News

Abu Dhabi: Baker Hughes, a GE Company, is aiming to double its investments in the petrochemical industry in …