Abu Dhabi's ADNOC to buy German chemicals firm Covestro for $16 bln
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including ...
Adnoc Denies Hedge Funds the Neat German M&A Trade With Covestro Bid
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
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UAE’s Oil Giant ADNOC to Buy Chemicals Firm Covestro in $16-Billion Deal
Following a year of negotiations, Abu Dhabi’s oil company ADNOC has agreed to buy Germany’s chemicals giant Covestro in a ...
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Contractor lands sizeable deal from Adnoc for work on UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting the oil output ...
Adnoc’s cash has good chemistry with struggling German industry
That is one way to read Abu Dhabi National Oil Company’s €14.7bn swoop on Germany’s Covestro. The chemicals group, which was spun out of Bayer in 2015, has recommended the offer after a protracted ...
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ADNOC Drilling forms JV to accelerate unconventional oil and gas development
ADNOC Drilling, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has established a JV named Turnwell with SLB and ...
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Adnoc awards major contract prize for UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
SLB Teams Up With ADNOC Drilling Co., Patterson-UTI To Create JV In UAE
(RTTNews) - Schlumberger Ltd. (SLB), Monday announced an agreement with Abu Dhabi-based ADNOC Drilling Co., and Texas-based Patterson-UTI to create Turnwell Industries LLC OPC to accelerate UAE's ...