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UAE's ADNOC eyes US acquisitions amid Trump's energy boom

Summary by Al-Monitor
Close political ties between the UAE and the Trump administration are likely to bode well for Abu Dhabi-based firms looking to tap the American shale boom.

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Al-MonitorAl-Monitor

UAE's ADNOC eyes US acquisitions amid Trump's energy boom

Close political ties between the UAE and the Trump administration are likely to bode well for Abu Dhabi-based firms looking to tap the American shale boom.

·Washington, United States
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AGBIAGBI

Adnoc Drilling plans further acquisitions in US and Europe

Aims to invest $1bn in 2025 Global oilfield services priority Acquisitions likely via Enersol JV Adnoc Drilling is looking at more investment opportunities in the US, as President Donald Trump’s “Drill, baby, drill” mantra acts as a catalyst for increased shale oil and gas activity in the world’s biggest energy producer, a top executive told AGBI. The Abu Dhabi-listed company is planning to invest $1 billion this year, with around $700 million a…

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  • 100% of the sources lean Left
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AGBI broke the news in on Friday, February 14, 2025.
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