Adnoc Drilling sold USD 935 mn stake in secondary sale
The Adnoc subsidiary priced its offering at AED 3.9 per share
Available in your choice of English or Arabic
The Adnoc subsidiary priced its offering at AED 3.9 per share
The transaction marks Adnoc’s foray into the African country
The stake is valued at USD 989 mn
The oil giant also inked a 20-year offtake agreement with NextDecade for 1.9 mn tons of LNG a year
The field is expected to be fully operational by 2026
The company’s revenues reached USD 886 mn during the previous quarter
More earnings: Emsteel, Arada Developments, Sukoon Ins., Amlak Finance
The company’s revenues rose 15% y-o-y to USD 6.01 bn during the quarter.
Something went wrong. Please refresh the page and/or try again.
Queue