Adnoc on acquisition spree to bolster UAE’S energy transition credentials

Issue 1183 - 11 Jan 2024 | 1 minute read

Abu Dhabi National Oil Company has made three cross-border acquisition deals, as it seeks to better position itself for the global transition away from hydrocarbons, taking stakes in fertiliser and ammonia producer Fertiglobe, German chemical company Covestro and carbon capture and storage company Storegga.

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