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News

Santos, ADNOC and Abu Dhabi

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 · 20h
Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos
Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of US$5.76 a share — equivalent to A$8.89 — which represented a 28 per cent premium to the company’s closing share price last week.

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 · 1d · on MSN
Santos shares soar over 15% on ADNOC-led group's $18.7 billion takeover bid
 · 15m
Market debates whether Abu Dhabi will help or hinder Santos’ ambitions
4don MSN
BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
OilPrice.com
5d
Adnoc Eyes BP’s Gas Assets Amid Breakup Speculation
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
23h
Australia's Santos targeted by ADNOC-led consortium
Abu Dhabi's National Oil Company (ADNOC), looking to grow a global gas business, is leading a proposed $18.7 billion takeover ...

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