The United Arab Emirates’s biggest energy company approved a major liquefied natural gas export terminal as it seeks to tap into a growing global market for the fuel.
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Abu Dhabi’s Adnoc Sells $935 Million Shares in Drilling UnitThe United Arab Emirates’ main oil company sold $935 million worth of shares in a secondary offering of its drilling unit in a rare such deal for the region.
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Ex-Banker Leading Adnoc’s M&A Push Says Deal Spree Will ContinueAbu Dhabi National Oil Co., the state oil giant that underpins the United Arab Emirates’s booming economy, has become one of the energy industry’s busiest dealmakers as it looks to go global.
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Adnoc Buys Stake in LNG Development in Mozambique From GalpThe United Arab Emirates’ main oil company bought a 10% stake in a natural gas project in Mozambique that will also give it a share of liquefied fuel production.
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