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Monday, December 22, 2025 6:19 GMT
Abu Dhabi National Oil Company (ADNOC) announced the signing of a landmark structured financing transaction of up to AED40.4 billion (~US$11 billion) to monetise midstream future gas production at Hail Gas Field and Ghasha. The transaction, in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP) and as part of the Ghasha concession project, will enable responsible energy production needed to meet the growing demands of local industries, supporting the UAE’s gas...More