BP and Adnoc form gas venture and make $2 bln offer for Israel's NewMed
BP Plc and Abu Dhabi National Oil Co. will form a joint venture focused on natural gas and have made a non-binding offer to take Israel’s NewMed Energy
Source: alarabiya.net
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BP Plc and Abu Dhabi National Oil Co. will form a joint venture focused on natural gas and have made a non-binding offer to take Israel’s NewMed Energy
BP and Abu Dhabi National Oil Co (ADNOC) have made a $4bn offer to buy 50% of Israeli offshore natural gas producer NewMed Energy and take it private.
BP and the ADNOC have offered $2 billion for a 50% stake in Israel's offshore gas producer, NewMed Energy
FILE PHOTO: An Emirati man is seen near the logo of ADNOC in Ruwais, United Arab Emirates May 14, 2018. REUTERS/Christopher Pike/File Photo