by Asharq Al-Awsat | Aug 8, 2017 | Business
Abu Dhabi– State-owned Abu Dhabi National Oil Company (ADNOC) announced on Monday it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine...
by Asharq Al-Awsat | Aug 4, 2017 | Business
Abu Dhabi- The Abu Dhabi National Oil Company (ADNOC) has announced that it is currently considering a range of financing options, including bank loans, to promote prospects of smart growth and ensure sustainable expansion of its business, adding that it is...
by Asharq Al-Awsat | Jul 21, 2017 | Business
Dubai- The Abu Dhabi National Oil Company (ADNOC) has picked a local bank and three foreign lenders as bookrunners for the planned initial public offering (IPO) of its retail unit that could raise $1.5 billion to $2 billion, sources have told Reuters. The listing for...
by Asharq Al-Awsat | Apr 3, 2017 | Business
Dammam – Saudi Aramco signed on Sunday two memorandums of understanding with Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi’s renewable energy company (Masdar) — the two MoUs cover energy and technology collaboration, renewables, and carbon...
by Asharq Al-Awsat | Feb 20, 2017 | Business
Abu Dhabi- Abu Dhabi National Oil Company (ADNOC) signed on Sunday an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion)...
