ADNOC Signs Framework Agreement with Mubadala to Explore Downstream Investments



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ADNOC Signs Framework Agreement with Mubadala to Explore Downstream Investments
ADNOC Signs Framework Agreement with Mubadala to Explore Downstream Investments

ADNOC Signs Framework Agreement with Mubadala to Explore Investments in Downstream Sector ADNOC and Framework Agreement with Mubadala to Explore Investments in Downstream Sector Latest news, ADNOC signed a framework agreement with Mubadala to explore downstream investments.

The National Oil Company of Abu Dhabi (ADNOC) on Wednesday signed a framework agreement with Mubadala Investment Company to explore potential investment opportunities in the downstream sector.

"According to the agreement, both parties will discuss the processing potential of crude oil and other hydrocarbons produced by ADNOC, as well as the possibility of using the techniques of Mubadala's subsidiaries to process the products. other ADNOC companies."He said.

Sultan Al Jaber, chief executive officer of ADNOC, told Reuters that the company would look for investment opportunities abroad in the LNG sector..

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Source: the seventh day

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