adnoc abu dhabi - Search News

News

ADNOC, Covestro and EU

Covestro sticks to ADNOC deal timeline as sales miss expectations

By Bartosz Dabrowski and Patricia Weiss (Reuters) -German chemicals maker Covestro missed second-quarter sales expectations on Thursday as U.S. trade policies weighed on prices, but expressed confidence its takeover by Abu Dhabi's ADNOC would be sealed this year despite an EU competition probe.

ZAWYA · 2d

ADNOC's Covestro buy may be boosted by foreign subsidies, EU warns

ADNOC struck the deal to buy Covestro last October, marking its biggest ever acquisition and one of the largest foreign takeovers of an EU company by a Gulf state

Hosted on MSN · 3d

EU opens in-depth probe into ADNOC's Covestro deal over subsidies

By Bart H. Meijer BRUSSELS (Reuters) -Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.2 billion) bid for German chemicals company Covestro may face hurdles after EU antitrust regulators opened an investigation on Monday into potential distortions caused by foreign subsidies.

Adnoc Drilling Plans Second Acquisition in Kuwait, Oman: CFO

Adnoc Drilling Co. is planning to buy a company operating oil and gas rigs in Kuwait and Oman, and is targeting a deal as ...

Gulf Today20h

Adnoc Drilling's revenues rise 30% to $2.37 billion in first half

Adnoc Drilling Company announced its financial results for the second quarter and first half of 2025, delivering ...

ADNOC Drilling reports 19% rise in profit on services strength

ADNOC Drilling , a unit of Abu Dhabi's state oil giant, reported a 19% rise in second-quarter profit on Wednesday, supported ...

Khaleej Times on MSN1d

Adnoc Drilling’s H1 revenue surges 30% to $2.37b

Adnoc Drilling has reported its strongest-ever financial performance for the first half of 2025, with revenue surging 30 per ...

Upstream Online3h

New kit on trial at world's second largest offshore oilfield

A UK engineering specialist has launched commercial trials with Abu Dhabi National Oil Company (Adnoc) at the world's second ...

23h

ADNOC's $14B deal faces EU scrutiny

Regulators said the probe stemmed from concerns that state support for ADNOC could distort competition in the bloc’s market.

OilPrice.com22h

ADNOC Drilling Delivers 30% Revenue Growth on Soaring Oilfield Services Demand

ADNOC Drilling has posted its strongest financial results on record for the first half of 2025, with revenue soaring 30% year ...

ZAWYA1d

ADNOC Drilling posts 21% higher profits in H1-25; quarterly dividends announced

In the second quarter (Q2) of 2025, ADNOC Drilling posted 19% YoY higher net profits at $351 million, compared to $295 ...

Wall Street Journal2y

Adnoc Gas Rises in Abu Dhabi Debut - The Wall Street Journal

Adnoc Gas, a subsidiary of the United Arab Emirates’ national energy company, rose sharply on its market debut Monday after raising $2.5 billion in a record share sale on the local Abu Dhabi ...

Khaleej Times on MSN3d

73 screens in Abu Dhabi urge motorists to pay traffic fines early, get 35% discount

As part of ongoing efforts to enhance road safety and make life easier for drivers, Abu Dhabi Police has launched a new ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results