The company shares commenced trading on Thursday, closed at AED 3.13
ADNOC IPO
Latest in ADNOC IPO
Abu Dhabi National Oil Company
ADNOC L&S IPO size increased to 19 percent on strong demand
ADNOC has increased the number of shares being offered to 1,405,714,765 – 19% of the company’s total issued share capital
Abu Dhabi Securities Exchange
ADNOC Gas stock climbs $9.2bn on ADX debut
ADNOC Gas debut is world’s biggest IPO of the year so far
ADNOC
Adnoc picks banks for IPO in 2023
Adnoc has chosen banks to lead an IPO of its natural gas business next year
Abu Dhabi
Partnerships and IPOs are helping to transform Abu Dhabi’s oil giant ADNOC
Some big names have already brought in billion-dollar deals with the ‘possibility of partnerships at every turn’
Abu Dhabi
ADNOC and Borealis to sell 10 percent stake in Borouge petrochem joint venture through an IPO
The state-owned energy company and the Austrian chemicals producer will sell 3 billion shares, possibly raising $2 billion
ADNOC Distribution
UAE state oil firm raising $1.6bn in stock, bond sale
Abu Dhabi National Oil Co. to offer 375m shares in Adnoc Distribution PJSC at AED4.36 a share
Abu Dhabi National Oil Co.
Abu Dhabi oil giant Adnoc considers drilling, fertiliser IPOs
Deals could raise more than $1 billion each, according to sources
Abu Dhabi
ADNOC awards key contract for Ruwais chemicals plant
The Linear Alkyl Benzene project is the first to be advanced under ADNOC’s $45 bn Ruwais downstream investment program
ADNOC
UAE’s ADNOC makes first foray overseas with Saudi launch
ADNOC Distribution, the UAE-based fuel and convenience retailer, has announced the start of operations in Saudi Arabia
$100 oil price
ADNOC says eyeing new deals to accelerate gas strategy
CEO Dr Sultan Ahmed Al Jaber says ADNOC will be making additional strategic announcements in the coming weeks
Abu Dhabi
Video: ADNOC begins trading on Abu Dhabi exchange
Part of Abu Dhabi’s state-owned oil company has begun trading on the city’s stock exchange. ADNOC Distribution, which manages petrol stations in the United Arab Emirates, has raised almost $850 million in an initial public offering.
Abu Dhabi
ADNOC Distribution shares up 16% on first day of trading
A total of 12,000 investors from 73 countries participated in the subscription
Abu Dhabi
ADNOC Distribution IPO values retail business at $8.5bn
ADNOC Distribution IPO – the largest at ADX in decade – was oversubscribed 22 times
ADNOC
Unit IPO of UAE’s ADNOC set to raise up to $902m
Crude producer said to have reduced the price range for shares of Abu Dhabi National Oil Co for Distribution
Abu Dhabi
UAE car culture to propel Adnoc Distribution IPO, says deputy CEO
Adnoc deputy head John Carey says shares will be “very competitively priced”.