ADNOC leads $18.7 billion proposal to buy Australia's Santos
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ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) announced today that the Board
Santos said it intends to endorse to shareholders its potential acquisition by the ADNOC-led consortium, a year after ending merger talks with Australian compatriot Woodside.
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter.
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate.
ADNOC Gas said on Tuesday it had taken a final investment decision on the first phase of its Rich Gas Development (RGD) Project, awarding $5 billion in contracts to expand and improve efficiency at the project.
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ADNOC’s bid for Santos signals the UAE’s growing ambition to expand its energy footprint globally, particularly in LNG. The offer highlights the strateg
It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ASX-listed business
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bne IntelliNews on MSNADNOC and Inpex progress to production phase of Abu Dhabi's Onshore Block 4By Editorial Abu Dhabi National Oil Co. (ADNOC) and Japan’s Inpex Corp. (Inpex) have moved forward to the production phase of the emirate’s Onshore Block 4 concession, which is estimated to hold around 1bn barrels of oil equivalent.