ADNOC to offer 3.1 billion shares of ADNOC Gas

Abu Dhabi’s Adnoc Seeks $2.8 Billion in Gas Unit Stake Sale
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its gas business.
ADNOC completes $2.84 billion offering of shares in its gas unit
United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion marketed offering in its unit ADNOC Gas.
ADNOC completes $2.84bn offering of ADNOC Gas shares
Abu Dhabi National Oil Company (ADNOC) has announced the final offer price and completion of the offering to institutional investors of 3.1 billion ordinary shares in ADNOC Gas.
UAE: Adnoc to offer 3.1 billion shares of Adnoc Gas through marketed offering
Abu Dhabi National Oil Company, the current majority shareholder of 90% of the ordinary shares in Adnoc Gas plc, on Thursday announced its intention to offer approximately 3.1 billion shares through a Marketed Offering.
UAE’s ADNOC to raise up to $3 billion from gas unit stake sale
DUBAI: United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said on Thursday it would raise up to
Abu Dhabi's ADNOC to Boost Liquidity of Gas Business
ADNOC has launched a share offering of 4% of its ADNOC Gas business to boost liquidity and the free float of its gas unit.
ADNOC completes $2.84bn offer of shares in gas subsidiary
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn (Dh10.43bn). The offering involved 3.1 billion ordinary shares,
Adnoc Sells $2.84 Billion of Shares in Gas Subsidiary
The move is to increase Adnoc Gas’s free float and paves the way for the subsidiary’s inclusion in share indexes.
ADNOC Gas Raises $2.84 Billion in Landmark Share Offering
DubaiAbu Dhabi National Oil Company has successfully completed a $2.84 billion share offering in its subsidiary, ADNOC Gas. The sale involved approximately 3.1 billion shares, priced at 3.40 dirhams each,
Upstream1d
Exceptional investor demand: Adnoc raises $2.84 billion from sale of shares in giant gas subsidiary
The Emirati state giant said on Friday that it has successfully completed the "marketed offering to institutional investors ...
Crude Oil Prices18h
UAE-India LNG Deal Highlights U.S.'s Strategic Energy Play
The UAE's expanding LNG and gas investments, including a $13 billion spending plan, present opportunities for greater U.S.
GlobalCapital16h
Oversubscribed Adnoc Gas block ends busy week for Middle East ECM
Abu Dhabi National Oil Co’s sale of a $2.84bn block of shares in Adnoc Gas, the largest equity capital markets deal in the ...
UAE's Premier Marine Delivers First Locally Built Cargo Barge To ADNOC Logistics & Services
Delivery was ahead of schedule and vessel will strengthen the UAE's maritime capabilities. Premier barges will provide ...
Dubai eases on profit-taking, Abu Dhabi marginally down
Dubai index fell on Friday, as investors continued to encash on the profits gained in previous sessions, while Abu Dhabi closed marginally lower.
Hebdo Ahram3d
UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025
UAE’s energy giant ADNOC Distribution plans to open a new state-of-the-art service station in New Cairo in 2025, featuring an ...
TradeWinds3d
Ammonia will follow in footsteps of established gas shipping markets, Adnoc L&S executive says
Paper trading is pointing towards the growth of ammonia shipping mirroring the rise in the transport of other gases, according to Adnoc L&S. The shipowner is among the companies that have invested in ...
Gecko Robotics plans to double UAE footprint
CEO Jake Loosararian said the US company will have up to 50 employees and robots in the UAE as it prepares to raise capital ...