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News

Santos, Abu Dhabi and ADNOC

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 · 20h
Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos
Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of US$5.76 a share — equivalent to A$8.89 — which represented a 28 per cent premium to the company’s closing share price last week.

Continue reading

 · 1d
Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
 · 6m
Market debates whether Abu Dhabi will help or hinder Santos’ ambitions
4don MSN
BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
OilPrice.com
5d
Adnoc Eyes BP’s Gas Assets Amid Breakup Speculation
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
5d
Adnoc Is Evaluating Possibility of Buying Some BP Assets
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...
19h
Abu Dhabi oil giant to sweat on $30bn Santos swoop
A $30bn takeover of Australia’s second largest oil and gas company, Santos, by Middle East giant Adnoc faces a fight to clear ...

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