{"id":74665,"date":"2022-11-07T02:13:26","date_gmt":"2022-11-07T02:13:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/"},"modified":"2022-11-07T02:13:26","modified_gmt":"2022-11-07T02:13:26","slug":"intl-consortium-acquires-adnoc-refinings-waste-management-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/","title":{"rendered":"Int\u2019l consortium acquires Adnoc Refining\u2019s waste management plants"},"content":{"rendered":"

<\/a> Abu Dhabi-based<\/strong> ADQ<\/a><\/strong>, France\u2019s <\/strong>Veolia Middle East<\/a><\/strong>, and KSA\u2019s <\/strong>Vision Invest<\/a><\/strong> will acquire <\/strong>Adnoc Refining<\/a><\/strong>\u2019s waste management operations<\/strong>, Adnoc Refining announced<\/a> on Thursday. The consortium will own and operate two waste management plants built to treat and dispose of waste produced from Adnoc\u2019s oil and gas extraction and refining processes in Abu Dhabi, according to the statement. Adnoc Refining did not disclose the value or projected timeline for the transaction.<\/p>\n

The buyers: <\/strong>Abu Dhabi\u2019s sovereign wealth fund ADQ is a holding company with a portfolio spanning several industries ranging from sustainable energy to mobility and logistics. Vision Invest \u2014 previously known as Acwa Holding \u2014 is a Saudi Arabian holding company. Veolia Middle East is a resource management firm specializing in environmental services such as municipal water and wastewater treatment plants.<\/p>\n

About Adnoc Refining:<\/strong> The refinery is a joint venture between UAE-owned Adnoc, Italian energy giant Eni<\/a>, and Austria-based integrated oil and gas company OMV<\/a>. The refinery was established in 1982 and is reportedly the world\u2019s fourth largest single-site refinery where liquefied petroleum gas, unleaded gasoline, diesel, jet fuel, and other fuels are produced.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi-based ADQ, France\u2019s Veolia Middle East, and KSA\u2019s Vision Invest will acquire Adnoc Refining\u2019s waste management operations, Adnoc Refining announced on Thursday. The consortium will own and operate two waste management plants built to treat and dispose of waste produced from Adnoc\u2019s oil and gas extraction and refining processes in Abu Dhabi, according to […]<\/p>\n","protected":false},"author":1,"featured_media":74666,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2016],"tags":[999,1216,11,79,52,136],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-acquisitions","tag-adnoc-refining","tag-enterpriseclimate","tag-ma-watch","tag-uae","tag-waste-management","wpautop","entry"],"acf":{"mongo_id":"26421fd8-a8bd-4111-87ab-2457994806d3","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/206.jpg","photo_position":"above","related_issue":[74656],"teaser":"","voice_url":""},"yoast_head":"\nInt\u2019l consortium acquires Adnoc Refining\u2019s waste management plants - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Int\u2019l consortium acquires Adnoc Refining\u2019s waste management plants\" \/>\n<meta property=\"og:description\" content=\"Abu Dhabi-based ADQ, France\u2019s Veolia Middle East, and KSA\u2019s Vision Invest will acquire Adnoc Refining\u2019s waste management operations, Adnoc Refining announced on Thursday. The consortium will own and operate two waste management plants built to treat and dispose of waste produced from Adnoc\u2019s oil and gas extraction and refining processes in Abu Dhabi, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-07T02:13:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/206.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Int\u2019l consortium acquires Adnoc Refining\u2019s waste management plants\",\"datePublished\":\"2022-11-07T02:13:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\"},\"wordCount\":197,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/206.jpg?fit=%2C&ssl=1\",\"keywords\":[\"acquisitions\",\"Adnoc Refining\",\"EnterpriseClimate\",\"M&A WATCH\",\"UAE\",\"waste management\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/intl-consortium-acquires-adnoc-refinings-waste-management-plants\/\",\"name\":\"Int\u2019l consortium acquires Adnoc Refining\u2019s waste management plants - 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