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Snam, investment funds buy 49% stake in Adnoc gas pipeline assets
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ADNOC

  • Joe Barone, Shale Directories
  • Blog
  • June 24, 2020

Snam, investment funds buy 49% stake in Adnoc gas pipeline assets

Italy’s energy infrastructure operator, Snam, has partnered with five international funds to invest in a 49% stake in Adnoc Gas Pipelines, in a deal valuing the Abu Dhabi company in $20.7 billion.
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  • Joe Barone, Shale Directories
  • Blog
  • May 15, 2020

Adnoc Gas Processing starts tender for $1.5B terminal expansion

Adnoc Gas Processing has started looking for interested contractors to bid for work on the expansion of Asab 1 and 2 gas terminals.
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  • Joe Barone, Shale Directories
  • Blog
  • March 12, 2020

Saudi Arabia, UAE to flood oil markets in April

As the coronavirus outbreak is declared a pandemic by the World Health Organization, Saudi Arabia and the UAE announced they are increasing crude supply to the market in April by around 3 million barrels per day (Mmbpd), Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • November 5, 2019

7 BBbls of oil found in new Abu Dhabi reserves

The UAE’s Supreme Petroleum Council Monday announced a new pricing mechanism for Abu Dhabi National Oil Co. (Adnoc) Murban crude oil, which will be listed on “an exchange,” the Gulf News Web Report reported.
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  • Joe Barone, Shale Directories
  • Blog
  • July 31, 2019

Sovereign wealth fund GIC joins BlackRock, KKR in Abu Dhabi

Singapore sovereign wealth fund GIC has joined international investors BlackRock and KKR in an oil pipeline partnership with Abu Dhabi’s National Oil Co.
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