Abu Dhabi state gas company to sell 4% of shares in IPO

Abu Dhabi National Oil Company to float 4% of its gas business in IPO

ADNOC Gas’s offering is set to be open from Feb. 23 to March 2 for institutional investors, while retail investors can subscribe until March 1

Abu Dhabi to Sell 4% of Natural-Gas Business in IPO

The move comes as Middle East energy producers are ramping up plans to supply Europe

Abu Dhabi state gas company ADNOC to sell 4 percent of shares in IPO

Fri, 2023-02-17 10:20 DUBAI: The Abu Dhabi National Oil Company’s gas processing firm said Friday it plans to sell 4 percent of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East, according to AP. The move follows a similar IPO by the Saudi oil giant Aramco in 2019 that raised some $30 billion, and comes months before the UAE is set to host this year’s UN climate tal…

Abu Dhabi state gas company to sell 4% of shares in IPO

The Abu Dhabi National Oil Company’s gas processing firm plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East

Abu Dhabi state gas company to sell 4% of shares in IPO

The Abu Dhabi National Oil Company's gas processing firm said Friday it plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East.The move follows a similar IPO by the Saudi oil giant Aramco in 2019 that raised some $30 billion, and comes months before the United Arab Emirates is set to host this year's U.N. climate talks.The UAE, which is home to Abu Dhabi…

Abu Dhabi state gas company to sell 4% of shares in IPO

The Abu Dhabi National Oil Company's gas processing firm said Friday it plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East.The move follows a similar IPO by the Saudi oil giant Aramco in 2019 that raised some $30 billion, and comes months before the United Arab Emirates is set to host this year's U.N. climate talks.The UAE, which is home to Abu Dhabi…