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UAE's ADNOC to Proceed with Habshan Carbon Capture Project

Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project. The carbon capture, utilization and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement. ADNOC brought forward its net zero carbon emissions target by five years to 2045 in July as the United Arab Emirates prepares to host a major UN climate conferen...
Abuz Aby United Arab Emirates Sultan Al Jaber Musabbeh Al Kaabi Abu Dhabi National Oil Company International Growth
Source: aawsat.com

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ADNOC Kicks Off Investor Meetings Ahead of

Hadeel Al Sayegh Image credit: evannovostro/AdobeStock Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters. Banks working on ADNOC Drilling are scheduling calls with local, regional and international institutional investors to sound out appetite for the potential sale, said the sources, declining to be named as the matter is...
Emelia Sithole Matarise Hadeel Al Sayegh Sultan Al Jaber Abu Dhabi National Oil Company Executive Sultan Louise Heavens

ADNOC's Drilling Unit to Go Public

ADNOCs Drilling Unit to Go Public Hadeel Al Sayegh Image credit: evannovostro/AdobeStock Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday. The oil giant invited a handful of international and local banks to take part in the process of the public share sale of ADNOC Drilling, which is due later this month, they said. ...
Toby Chopra Hadeel Al Sayegh Sultan Al Jaber Abu Dhabi National Oil Co Executive Sultan டோபி சோப்ரா

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