Any flotation would be in about five years, one of them added. Before pursuing an IPO, ADNOC would need to appoint a CEO for XRG and transfer assets into the company, two of the people said.

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The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in US natural gas starting in the coming months, Adnoc CEO Sultan Al Jaber said on ...

Investing in the US through XRG is not only a priority – it is, in fact, an absolute imperative,' says Adnoc chief executive Abu Dhabi National Oil Company’s new global energy investment ...

AIQ, a subsidiary of Presight, has secured a $340m contract from Abu Dhabi National Oil Company (ADNOC) to deploy its ENERGYai platform and associated AI solutions across ADNOC’s upstream ...

Building on the successful completion of a transformative proof-of-concept phase, AIQ - a Presight company - announced a landmark $340 million contract with Adnoc to deploy ENERGYai and associated AI ...

ADNOC considers listing minority stake in XRG Bank of America advises on XRG strategy Possible listing venues include London, New York Has potential to be among largest energy IPOs ever Abu Dhabi ...

Any flotation would be in about five years, one of them added. Before pursuing an IPO, ADNOC would need to appoint a CEO for XRG and transfer assets into the company, two of the people said. An ...

LONDON: Abu Dhabi National Oil Co (Adnoc) is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter ...

ADNOC Distribution and TotalEnergies are celebrating two years of successful partnership in Egypt. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt, TEME creating a joint ...

Any flotation would be in about five years, one of them added. Before pursuing an IPO, ADNOC would need to appoint a CEO for XRG and transfer assets into the company, two of the people said. An ...

The United Arab Emirates’ biggest oil company is seeking to buy its first natural gas producing fields in the US to deepen its presence in the country, according to people familiar with the matter.