ABU DHABI/WAM ADNOC Gas plc and its subsidiaries confirmed shareholder approval at its Annual General Meeting (AGM) to distribute $3.41 billion in full-year dividends for 2024, including a final dividend payment of $1.706 billion scheduled for distribution in the second quarter of 2025. Dr Sultan Ahmed Al Jaber, Chairman of ADNOC Gas’ Board of Directors, commented, “In 2024, we achieved …

ABU DHABI/ WAM Seviora Group, a leading Asia-based asset management group with $54 billion of assets under management and headquartered in Singapore, has announced the establishment of its Middle East office in the ADGM. The new office, coupled with Seviora’s existing offices in Singapore, India, China and Indonesia, will contribute to the expansion of the company in Asia and beyond, …

DUBAI/WAM Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO Baobab Ivoirien, by MODEC Management Services Pte Ltd, further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive …