{"id":92647,"date":"2024-06-03T00:00:00","date_gmt":"2024-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/"},"modified":"2024-06-03T00:00:00","modified_gmt":"2024-06-03T00:00:00","slug":"adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/","title":{"rendered":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar"},"content":{"rendered":"<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1-<\/strong> <strong>Adnoc awards 3% stake in Abu Dhabi concession to Socar: <\/strong>The Abu Dhabi National Oil Company (Adnoc) awarded the State Oil Company of Azerbaijan Republic (Socar) a 3% participating stake in Adnoc\u2019s Sarb and Umm Lulu concession for an undisclosed sum, according to a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-awards-3-interest-in-sarb-and-umm-lulu-concession-to-socar\" style=\"\" rel=\"noopener\">press release<\/a>. This transaction marks Socar\u2019s first upstream international investment. Following the acquisition, Adnoc now holds a 57% stake in the concession, while Austrian OMV and TotalEnergies each hold a 20% stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc and Socar are no strangers:<\/strong> Last year, Socar sold Adnoc a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/News-and-Media\/Press-Releases\/2023\/ADNOC-to-Acquire-30-Equity-Stake-in-Absheron-Gas-Field\" style=\"\" rel=\"noopener\">30% stake<\/a> in Absheron gas field in Azerbaijan. The two energy firms also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eb8a217c-d00b-41d5-8c61-a60936299fe9\/another-small-pile-of-masdar-agreements#:~:text=Adnoc%20%2B%20Socar%20partner,clean%20energy%20projects.\" style=\"\" rel=\"noopener\">signed an agreement<\/a> to explore advancing blue hydrogen, carbon management, and geothermal tech that can accelerate the decarbonization of energy systems in the UAE, Azerbaijan, and other markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Renewables giant Masdar has broken <\/strong><strong>ground on its 250 MW Nur Bukhara solar plant<\/strong> <strong>with a 63 MW battery energy storage system (BESS) in Uzbekistan<\/strong>, the company <a target=\"_blank\" href=\"https:\/\/x.com\/Masdar\/status\/1796612160275050744\" style=\"\" rel=\"noopener\">stated<\/a> on Friday. The project is the first of its kind in the <a target=\"_blank\" href=\"https:\/\/www.britannica.com\/topic\/Commonwealth-of-Independent-States\" style=\"\" rel=\"noopener\">Commonwealth of Independent States<\/a> (CIS) \u2014 a regional intergovernmental organization in Eurasia \u2014 and is set to start commercial operations by the end of the year, according to Masdar\u2019s <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/renewables\/our-projects\/nur-bukhara-pv\" style=\"\" rel=\"noopener\">website<\/a>. Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/586f31bb-e46f-4aa7-83aa-f7b79ff08cbc\/masdar-and-the-world-bank-advance-uzbek-solar-project\" style=\"\" rel=\"noopener\">secured<\/a> USD 171 mn in financing for the project in May. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the project: <\/strong>The project \u2014 which will stand as Central Asia\u2019s first renewable power facility with a utility-scale battery storage system \u2014 plans to offset around 327k metric tons of CO2, generate around <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6f0f601a-4c41-49bc-a16e-7d9d3b205f01\" style=\"\" rel=\"noopener\">585 GWh of energy<\/a> annually, and power 75k houses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MANUFACTURING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Emirates Global Aluminium (EGA) has inked a <\/strong><strong>framework agreement with Aluminium Corporation of China (Chinalco) to jointly develop an alumina refinery <\/strong>in Guinea, according to a <a target=\"_blank\" href=\"https:\/\/media.ega.ae\/ega-and-chinalco-sign-a-framework-agreement-progressing-cooperation-on-alumina-refinery-development-in-guinea-during-uae-state-visit-to-china\/\" style=\"\" rel=\"noopener\">press release<\/a>. Signed on the sidelines of the UAE-China Business & Investment Forum in Beijing, the agreement will see the two firms build the facility through a joint investment. EGA subsidiary Guinea Alumina Company (GAC) Director-General Youssef Sylla had revealed in February plans to set up a refinery with an annual capacity of 1 mn tonnes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not EGA\u2019s first Guinea investment: <\/strong>EGA owns Guinea Alumina Corporation, a bauxite mine and export facility operator in Guinea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Acino to expand Dubai operations: <\/strong>ADQ-owned pharma firm <a target=\"_blank\" href=\"https:\/\/acino.swiss\/\" style=\"\" rel=\"noopener\">Acino<\/a> plans to expand its production capacity at its 1.3k sqm Dubai Science Park facility as well as its export footprint to GCC markets, Interim Head of Region, Middle East, Turkey, and Africa Mansoor Meenai told <a target=\"_blank\" href=\"https:\/\/gulfbusiness.com\/acino-eyes-growth-export-expansion-dubai-facility\/\" style=\"\" rel=\"noopener\">Gulf Business<\/a>, highlighting that the pharma market is \u201cexperiencing continuous growth, ample investment, and a strong interest in local manufacturing.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acino has increased its annual production<\/strong> capacity to over 250 mn tablets and 87 mn capsules, aiming to secure a \u201ccontinuous sustainability in terms of volume increases in manufacturing that is critical to a site here,\u201d Meenai said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> Acino was among the three ADQ-owned healthcare assets <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f7b10f4f-8e9c-48ae-b9f5-4f34be7927e3\/adq-consolidates-pharma-assets-to-establish-global-life-sciences-firm\" style=\"\" rel=\"noopener\">consolidated<\/a> under <a target=\"_blank\" href=\"https:\/\/www.arceralifesciences.com\/\" style=\"\" rel=\"noopener\">Arcera<\/a>, the sovereign wealth fund\u2019s new Abu Dhabi-based life sciences holding company. Arcera plans to double its revenues over the next five years through strategic acquisitions and global partnerships. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AzurX <\/strong><strong>+ MBRIF to launch space startup accelerator:<\/strong> The Mohammed Bin Rashid Innovation Fund (MBRIF) has partnered with Dubai-based satellite services firm <a target=\"_blank\" href=\"https:\/\/www.azurx.com\/\" style=\"\" rel=\"noopener\">AzurX<\/a> to attract global space startups to the UAE through a tailored six-month acceleration program, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3ew81k-mohammed-bin-rashid-innovation-fund-azurx-forge\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The program will support startups at various stages of development by helping them secure funding and facilitating networking with various UAE-based stakeholders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s Bajaj launches DIFC tech services hub: <\/strong><a target=\"_blank\" href=\"https:\/\/bajajfinserv-direct.in\/\" style=\"\" rel=\"noopener\">Bajaj Finserv Direct<\/a>, a subsidiary of Indian financial services conglomerate Bajaj Finserv, has inaugurated its technology services center in the Dubai International Financial Centre (DIFC), as part of it expansion plan into the Middle East, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/bajaj-finserv-direct-launches-me-technology-services-hub-at-difc-in-uae-piij6a6a\" style=\"\" rel=\"noopener\">press release<\/a>. The hub is set to offer scalable solutions, including enterprise applications, data engineering and analytics, gen-AI, and cloud services to key sectors such as financial services, retail, e-commerce, and government enterprises.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> EVS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lucid expands into UAE: <\/strong>Saudi-backed EV maker <a target=\"_blank\" href=\"https:\/\/lucidmotors.com\/https:\/\/lucidmotors.com\/\" style=\"\" rel=\"noopener\">Lucid Group<\/a> has opened a new retail location in Dubai\u2019s City Walk, its first in the UAE and second in the Middle East, and will soon inaugurate a service center in Dubai Investment Park, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/lucid-expands-its-presence-in-the-middle-east-bringing-the-award-winning-lucid-air-to-the-united-arab-emirates-ct84wwud\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Adani lands in African waters: <\/strong>UAE-based East Africa Gateway, a subsidiary of Indian port operator Adani Ports and Special Economic Zone (APSEZ), has signed a share purchase agreement to acquire 95% of <a target=\"_blank\" href=\"https:\/\/ticts.simplybook.me\/v2\/\" style=\"\" rel=\"noopener\">Tanzania International Container Terminal Services<\/a> for USD 39.5 mn from Hutchison Port Holdings and Harbors Investments, according to a <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/Newsroom\/Media-Releases\/Adani-Ports-signs-30-year-concession-to-operate-Container-Terminal-2-at-Dar-es-Salaam-Port\" style=\"\" rel=\"noopener\">statement<\/a> on Friday. The acquisition is part of a 30-year concession agreement between Adani International Ports Holdings and Tanzania Port Authority to manage and operate Container Terminal 2 at Tanzania\u2019s Dar es Salaam Port, the press release adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This marks Adani\u2019s first container terminal in Africa,<\/strong> and the third international port acquisition, including Israel\u2019s Haifa Port \u2014 which it purchased from the Israeli government in a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/adani-led-group-completes-purchase-israels-haifa-port-2023-01-10\/\" style=\"\" rel=\"noopener\">USD 1.15 bn transaction<\/a> last year \u2014 and a <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/newsroom\/media-releases\/adani-ports-bolsters-its-global-footprint-with-colombo-ports-west-container-terminal\" style=\"\" rel=\"noopener\">terminal currently being developed<\/a> at Sri Lanka\u2019s Colombo Port. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- DP World debuts \u201ccars in containers\u201d on Mexico-US route: <\/strong>DP World has designed a 53-foot intermodal container with racking systems to transport cars via rail from Mexico to the United States and Canada, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-provides-new-finished-vehicle-solution-for-essential-mexico-united-states-trade-route\/\" style=\"\" rel=\"noopener\">press release<\/a>. The containers \u2014 which can take up to six vehicles \u2014 should enhance efficiency and reduce costs for original equipment manufacturers (OEMs) in Mexico.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The mechanisms: <\/strong>The service will load finished vehicles into containers directly at Mexican factories or specialized stuffing yards that are close to manufacturing hubs. The containers will then be transported into intermodal rail ramps and moved by rail to destinations including Los Angeles, Chicago, Detroit, and Toronto.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> FOOD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADAFSA + FAO launch biosecurity index:<\/strong> The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) and the Food and Agriculture Organisation (FAO) have launched the Integrated Biosecurity Index (IBI), a tool that measures global food security and biosecurity, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3fhn02-adafsa-fao-launch-integrated-biosecurity-index\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The IBI, which measures plant and animal health, food safety, and environmental protection, aims to improve biosecurity risk assessment for investors as well as foster international cooperation and knowledge sharing in biosecurity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World<\/p>\n","protected":false},"author":1,"featured_media":92648,"comment_status":"","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":[57,47,755,1264,420,143,7,194,1344,64,261,378,397,1341],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-adnoc","tag-also-on-our-radar","tag-difc","tag-ega","tag-enec","tag-energy","tag-enterpriseam-uae","tag-evs","tag-ma","tag-manufacturing","tag-pharma","tag-socar","tag-space","tag-tech","wpautop","entry"],"acf":{"mongo_id":"88887f60-0d77-49eb-b958-b2e6af8f1760","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/138.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar","related_issue":[92631],"teaser":"Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.3f357f52-051a-4621-8c7e-331d7dbe2296.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar - 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\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar\" \/>\n<meta property=\"og:description\" content=\"Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-03T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.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=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar\",\"datePublished\":\"2024-06-03T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\"},\"wordCount\":1009,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Adnoc\",\"ALSO ON OUR RADAR\",\"DIFC\",\"EGA\",\"Enec\",\"energy\",\"EnterpriseAM UAE\",\"EVs\",\"M&amp;A\",\"MANUFACTURING\",\"pharma\",\"Socar\",\"space\",\"tech\"],\"articleSection\":[\"ALSO ON OUR RADAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\",\"name\":\"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-06-03T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/","og_locale":"en_US","og_type":"article","og_title":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar","og_description":"Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/","og_site_name":"UAE","article_published_time":"2024-06-03T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar","datePublished":"2024-06-03T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/"},"wordCount":1009,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1","keywords":["Adnoc","ALSO ON OUR RADAR","DIFC","EGA","Enec","energy","EnterpriseAM UAE","EVs","M&amp;A","MANUFACTURING","pharma","Socar","space","tech"],"articleSection":["ALSO ON OUR RADAR"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/","name":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1","datePublished":"2024-06-03T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/adnoc-awards-minority-stake-in-an-abu-dhabi-concession-to-azerbaijans-socar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan\u2019s Socar"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/138.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/92647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=92647"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/92647\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/92631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/92648"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=92647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=92647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=92647"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=92647"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=92647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}