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Masdar to acquire 50% of US renewable energy producer
The acquisition will be finalized by the end of 2024
Du secures fintech license + Dubai is getting a new university
Plus: Infrastructure, healthcare, real estate, energy, logistics, and sports news
Masdar secures EUR 488 mn to fund Baltic Eagle wind farm acquisition, eyes acquisitions in India
The EUR 488 mn ticket is Masdar’s largest EUR-denominated financing
Adnoc secures another LNG supply agreement for Al Ruwais
Adnoc will begin deliveries in 2028
Du, Samsung sign three-year partnership + China’s Chint sets up shop in Dubai
Plus: Sharjah’s government housing project is nearing completion
Adnoc, BP put NewMed stake acquisition on hold + UK takes another step towards blocking RedBird IMI’s Telegraph takeover bid
The companies agreed to jointly acquire 50% of the Israeli energy company for nearly USD 2 bn last year
Adnoc advances Ruwais LNG project with early contract
The contract was awarded to a JV between Technip Energies, JGC Corporation, and National Petroleum Construction Company
Petrofac lands USD 200 mn contract for Galkynysh field operations
The contract builds on Petrofac’s previous EPC project for Turkmengas
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