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

DUBAI, United Arab Emirates (AP) — 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…

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

DUBAI, United Arab Emirates (AP) — 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…