The 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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Shell, TotalEnergies in Talks for Stakes in New Adnoc LNG PlantShell Plc and TotalEnergies SE are among several global energy companies in talks to buy stakes in Abu Dhabi National Oil Co.’s next liquefied natural gas export project in the United Arab Emirates.
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Shell, TotalEnergies in Talks for Stakes in New Adnoc LNG Plant(Bloomberg) -- Shell Plc and TotalEnergies SE are among several global energy companies in talks to buy stakes in Abu Dhabi National Oil Co.’s next liquefied...
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Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei reportThe Nikkei reported ADNOC would have a stake of around 60% and Mitsui 10% of the $7-billion LNG project at Ruwais, adding Mitsui’s investment is estimated to be several tens of billions of yen
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Adnoc Buys Iraqi Oil in Plan to Export Its Own More Pricey CrudeUnited Arab Emirates oil giant Abu Dhabi National Oil Co. imported a crude oil cargo in a rare move after upgrading its only refinery, which will allow it to sell more of its own higher-value barrels.
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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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Adnoc Drilling Reviewing Targets for More Acquisitions, CFO SaysAdnoc Drilling Co. PJSC plans to make even more acquisitions this year to help boost growth and is currently reviewing potential targets in the Middle East.
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