Baker Hughes Could Buy into Adnoc

Adnoc is in talks with BH for the acquisition of a minority stake in its drilling unit, which Adnoc listed last year, I think. They're neither confirming nor denying the report but Adnoc seems to be a on an expansion path, for which it needs money. oh, and this expansion path is apparently part of efforts to diversify away from oil.

Share this post


Link to post
Share on other sites

Quote

which Adnoc listed last year

Adnoc listed only distribution company which has c. 400 stations in the region.

 

  • Like 1

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0