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Abu Dhabi National Oil Co. will now offer 3.84 billion shares, or a stake of about 5%, in ADNOC Gas, according to a statement on Monday. It was previously looking to sell 4%.
Abu Dhabi National Oil Co. is selling a four percent stake in Adnoc Gas.
Abu Dhabi National Oil Co. is selling a four percent stake in Adnoc Gas.
The oil company is seeking to raise as much as $2 billion from its gas business
Abu Dhabi National Oil Co is selling a 4 per cent stake in Adnoc Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43.