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GlobalData on MSN5d
OMV divests 5% stake in Ghasha concession for $594mRomania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m (2.63bn lei).
Following the acquisition of OMV’s stake in the Ghasha concession, Lukoil’s interest in the offshore sour gas asset has doubled to 10%. Abu Dhabi National Oil Company (Adnoc Group) owns and operates ...
OMV has sold its 5% stake in the Ghasha ultra-sour gas concession offshore Abu Dhabi in the United Arab Emirates.
Arabian Gulf Business Insight on MSN3d
Borouge prepares for era of ‘transformative’ growthUAE petrochemicals company Borouge is focusing on international expansion and long-term value creation as it gears up to ...
Oil prices have spiked on the back of a lower-than-expected OPEC+ production hike, wildfires in Canada, and rising ...
The National on MSN3d
Abu Dhabi’s XRG targets LNG and gas capacity of up to 25m tonnes a year by 2035XRG bought a stake in NextDecade's Rio Grande liquefied natural gas export facility in Texas last year along with other ...
ABU DHABI, 1st February, 2025 (WAM) -- Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) has confirmed that negotiations with OMV AG (“OMV”) about the potential creation of a new global ...
XRG (the international investment arm) of Abu Dhabi National Oil Company said on Tuesday that it aims to be a gas and Liquefied ...
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