Recent Posts

Adnoc awards AED5.62b contract to expand its offshore operations

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth AED5.62 billion ($1.53 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon-intensity oil and gas. Adnoc Offshore awarded the two-year contract which ...

Read More »

Burjeel Holdings successfully lists on ADX, raises over AED1.1b

  Abu Dhabi / WAM Burjeel Holdings PLC listed on Monday on the Abu Dhabi Securities Exchange (ADX), following the completion of its initial public offering (IPO). The IPO, which raised gross proceeds of more than AED1.1 billion for the offering of 11 percent of the company’s total issued share capital, attracted total gross demand of more than AED32.0 billion ...

Read More »
Send this to a friend