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As the world’s third longest-operating LNG plant, Adnoc Gas said Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations. The deal signifies a major step forward in the ...
"The LNG will be delivered in six cargoes per year from ADNOC Gas' Das Island natural gas facility, which has an LNG processing capacity of 6.0 million tonnes per annum. It is the third longest ...
about 43 percent higher than ADNOC Gas PLC’s initial public offering (IPO) price of AED 2.37 in March 2023. Raising around $2.5 billion and resulting in a market capitalization of approximately ...
has completed the marketed offering of 3.1 billion ordinary shares in ADNOC Gas, raising approximately $2.84bn (equivalent to Dhs10.4bn). This offering, which represents 4 per cent of ADNOC Gas ...
said early on Friday it completed a $2.84 billion marketed offering in its ADNOC Gas unit (ADNOCGAS.AD), opens new tab. The offering was priced at 3.40 dirhams per share, ADNOC added in a statement.
This represents 4 per cent of the issued and outstanding share capital of Adnoc Gas and will increase the company’s free float by 80 per cent (to headline 9 per cent), the statement explained.
State-owned ADNOC has big ambitions to develop its LNG and natural gas sectors, which, along with renewable energy and petrochemicals, it considers as pillars for future growth. Its LNG push has ...
Abu Dhabi National Oil Company, the current majority shareholder of 90% of the ordinary shares in Adnoc Gas plc, on Thursday announced its intention to offer approximately 3.1 billion shares ...
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