Adnoc to sell about 5.5% additional stake in drilling unit

Adnoc to sell about 5.5% additional stake in drilling unit

May 22, 2024 / Riah Marton /



ABU Dhabi National Oil Company plans to sell a roughly 5.5 per cent stake in its drilling unit, more than two years after it raised US$1.1 billion from an initial public offering (IPO) of part of the business, it said on Wednesday (May 22).

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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