Fetching News Details

BHGE to acquire 5% stake in ADNOC
Oct. 9, 2018
Source: World Oil

BHGE to acquire 5% stake in ADNOC

Oilfield services giant, BHGE has acquired 5% stake in Abu Dhabi’s state-owned, ADNOC Drilling. This is the first time an international partner has taken a direct equity stake in an existing ADNOC services business. BHGE will provide ADNOC Drilling with specialized equipment and technologies. ADNOC Drilling, which is the Middle East’s largest drilling company, supplies oil rigs to other ADNOC businesses.

⬅ all news

Please Login to Save News for Later