Abu Dhabi’s Oil Champion ADNOC Bets on Expanding Globally

In order to increase revenue for the Gulf state, the United Arab Emirates is reshaping the state-owned Abu Dhabi National Oil Company (ADNOC) in the likeness of a worldwide oil giant.

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The corporation was looking for LNG assets in Africa, according to two people with knowledge of the situation.

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Similar to ongoing developments at state-owned energy goliaths in Saudi Arabia and Qatar, ADNOC is undergoing a transition.

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The 3W sector maintained its robust performance, with successive record-breaking retail sales.