ADNOC is acquiring Mubadala’s entire OMV stake in a transaction that “marks the next major milestone for ADNOC”
Mubadala
Posted inEnergy Transition
ADNOC, TAQA, Mubadala complete Masdar stake deal
Abu Dhabi National Energy Co (TAQA) has paid $1.02 billion in cash for its stake in Abu Dhabi Future Energy Company (Masdar), following an agreement to become Masdar’s shareholder alongside ADNOC and Mubadala Investment Co. TAQA said in a statement on Thursday that the transaction, which sets out to create a global clean energy powerhouse, […]
Posted inExploration & Production
Mubadala Energy announces offshore gas discovery in Malaysia
Since entering Malaysia in 2010, Mubadala Energy has made six gas discoveries
Posted inEnergy Transition
Mubadala Petroleum rebrands as Mubadala Energy
Mubadala Energy will explore investment opportunities in new energy sectors such as blue hydrogen and carbon capture
Posted inNews, Energy Transition, Partnership
TAQA and ADNOC enter into binding agreements to purchase stakes in Masdar from Mubadala
The binding agreements will see TAQA acquire a 43% controlling stake in Masdar’s renewables business with Mubadala retaining a 33% interest, and ADNOC owning the remaining 24% interest
Posted inNews
ADNOC acquires 25% stake in Borealis from Mubadala
The purchase will help ADNOC position itself as a global petrochemical player, the company said
Abu Dhabi National Oil Company (ADNOC) announced Friday that it would be acquiring a 25% stake in European petrochemical firm Borealis AG from the Mubadala Investment Company. The financial details of the transaction were not disclosed. Upon completion of the transaction, which is subject to customary closing conditions and regulatory approvals, Borealis will be owned […]