Middle-east Arab News Opinion | Asharq Al-awsat

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ADNOC Logo

ADNOC Begins Partnership Talks for Offshore Oil Concession

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...

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ADNOC (Reuters Photo)

ADNOC to Arrange USD5 Billion Loan

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...

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Logos of ADNOC are seen at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. Reuters

Abu Dhabi’s State Oil Firm Hires Banks for Fuel Retailer IPO

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...

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Visitors and guests are seen at ADNOC stand during the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed

Aramco Inks MoUs with ADNOC, Masdar

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...

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Sultan Ahmed Al Jaber shakes hands with Wang Yilin. ADNOC

UAE’s ADNOC Signs Deal with Chinese Company

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)...