ADNOC
These new rigs will support the growing operations at the offshore Zakum field
Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects
Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024
LNG carriers will be delivered by 2028 and time chartered for 20 years to ADNOC Group subsidiaries
Petrol prices have reduced for the second time in July after dropping in June
The expected cumulative minimum yield from this new dividend policy during the 2024-2028 period is more than 27 percent
Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa
Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business
Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent
ADNOC L&S will acquire the remaining 20 percent ownership of Navig8 in 2027
UAE's GDP real growth is projected to accelerate to 3.9 percent in 2024
