ADNOC to float drilling unit in Abu Dhabi IPO

Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO). ADNOC Drilling is the largest national drilling company in the Middle East by … Read More

ADNOC: Crown Prince of Abu Dhabi takes chair of new board

The Crown Prince of the Emirate of Abu Dhabi and the de facto ruler of Abu Dhabi Mohamed bin Zayed bin Sultan Al Nahyan, better known under his initials MBZ, has been named the chairman of the board of directors … Read More