{"id":114016,"date":"2026-03-17T00:00:00","date_gmt":"2026-03-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=114016"},"modified":"2026-03-17T03:06:39","modified_gmt":"2026-03-17T03:06:39","slug":"adnocs-azerbaijan-plays-raise-production-aramex-expands-in-dubai-south-amanat-increases-stake-to-takeover-saudis-sukoon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/03\/17\/adnocs-azerbaijan-plays-raise-production-aramex-expands-in-dubai-south-amanat-increases-stake-to-takeover-saudis-sukoon\/","title":{"rendered":"Adnoc\u2019s Azerbaijan plays raise production, Aramex expands in Dubai South, Amanat increases stake to takeover Saudi\u2019s Sukoon"},"content":{"rendered":"

\n

Adnoc\u2019s overseas gas field in Azerbaijan ramps up production <\/p>\n

Adnoc<\/strong> is poised to expand its international<\/strong> gas portfolio<\/strong>, as its Absheron gas field in Azerbaijan has set a date for its second phase of production, according to TotalEnergies\u2019 website<\/a> and an accompanying project assessment (pdf)<\/a>. Production from the project\u2019s second phase \u2014 in which it owns a 30% stake<\/a> alongside partners TotalEnergies and Socar \u2014 is expected to start on 1 September 2029, with a final investment decision expected in July, Reuters<\/a> reports.<\/p>\n

Production details: <\/strong>The second phase is set to raise daily production to 12.7 mmcm\/d and 35k bbl \/ d of condensate.<\/p>\n

The move adds more LNG exposure for Adnoc<\/strong>, as the Absheron field holds an estimated 350 bcm of gas, making it the second-largest \u2060gas field in the Caspian Sea. Elsewhere in the region, Adnoc\u2019s international investment arm XRG inked a sales and purchase agreement<\/a> to acquire an equity stake in Azerbaijan\u2019s Southern Gas Corridor and also took a 38% stake<\/a> in a Turkmenistan gas block. Further afield, XRG is eyeing investments in an Argentinian LNG project<\/a>.<\/p>\n

\n

New healthcare logistics in Dubai South hub<\/p>\n

Aramex is boosting its healthcare logistics foothold<\/strong> with a <\/strong>new 5.6k sqm hub<\/a><\/strong> in Dubai South Freezone, according to a statement<\/a>. The site is equipped with ambient storage, cold rooms, and freezer units that can handle the full range of pharma temperature requirements. The facility also brings freight, customs clearance, warehousing, and last-mile delivery services under one roof.<\/p>\n

\n

Amanat\u2019s Cambridge Health takes over Sukoon<\/p>\n

Amanat subsidiary raised its stake in Sukoon to 100<\/strong>%: <\/strong>Dubai-based Amanat\u2019s post-acute care provider arm Cambridge Health Group bought out other minority investors to secure full ownership of Jeddah-based healthcare company Sukoon International Holding, according to a DFM disclosure (pdf)<\/a>. The transaction value wasn\u2019t disclosed.<\/p>\n

IN CONTEXT- <\/strong>Amanat initially acquired a 33.3% stake in Sukoon in 2015, before increasing its ownership to 82% through Cambridge Health Group. Last November, it acquired an additional 8.7% minority stake, bringing its ownership to 90.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Adnoc\u2019s overseas gas field in Azerbaijan ramps up production Adnoc is poised to expand its international gas portfolio, as its Absheron gas field in Azerbaijan has set a date for its second phase of production, according to TotalEnergies\u2019 website and an accompanying project assessment (pdf). Production from the project\u2019s second phase \u2014 in which it […]<\/p>\n","protected":false},"author":1,"featured_media":114017,"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":[1552],"tags":[57,47,113,7,505,266,2012],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-114016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-adnoc","tag-also-on-our-radar","tag-aramex","tag-enterpriseam-uae","tag-lng","tag-oil-and-gas","tag-xrg","wpautop","entry"],"acf":{"mongo_id":"7c73d73c-5566-4b6e-8be2-22680027f1c6","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/600.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc\u2019s Azerbaijan plays up production, Aramex expands in Dubai South, Amanat increases stake to takeover Saudi\u2019s Sukoon","related_issue":[113999],"teaser":""},"yoast_head":"\nAdnoc\u2019s Azerbaijan plays raise production, Aramex expands in Dubai South, Amanat increases stake to takeover Saudi\u2019s Sukoon - UAE<\/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\/uae\/2026\/03\/17\/adnocs-azerbaijan-plays-raise-production-aramex-expands-in-dubai-south-amanat-increases-stake-to-takeover-saudis-sukoon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adnoc\u2019s Azerbaijan plays raise production, Aramex expands in Dubai South, Amanat increases stake to takeover Saudi\u2019s Sukoon\" \/>\n<meta property=\"og:description\" content=\"Adnoc\u2019s overseas gas field in Azerbaijan ramps up production Adnoc is poised to expand its international gas portfolio, as its Absheron gas field in Azerbaijan has set a date for its second phase of production, according to TotalEnergies\u2019 website and an accompanying project assessment (pdf). 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