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Adnoc, Santos and Abu Dhabi

Financial Times · 2d

Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos

Santos said XRG, an investment arm of the Abu Dhabi National Oil Company, had made an indicative cash offer of $5.76 a share, valuing the Adelaide-based company at $18.7bn. It represents a 28 per cent premium to Santos’s closing share price last week.

Business Standard · 2d

Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

Adnoc's investment arm XRG PJSC joins peers including Saudi Aramco in targeting LNG, tapping the potential of one of the fastest-growing fossil fuel markets

Bloomberg · 2d

Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos

Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., the latest move by the Middle Eastern company to expand production of liquefied natural gas.

3d

Abu Dhabi’s oil giant sets its sights on Santos, mulls formal tilt

The Abu Dhabi National Oil Company, known as Adnoc, has been in discussions with the ASX-listed business but has not put a ...

2d

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 ...

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 ...

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