Tag Archives: ADNOC Refining

Eni and SNOC announce first production start-up from new discovery onshore Sharjah since the early 1980s

This is the first step in the further evaluation of the discovery, announced last January, that is estimated to hold significant resources of natural gas and associated condensate. The production start-up has been achieved in less than one year since … Read the full press release

Eni to acquire 20% equity in ADNOC Refining for $3.3 billion after deduction of the net debt and subject to closing adjustments

(PRESS RELEASE) ABU DHABI, United Arab Emirates, 28-Jan-2019 — /EuropaWire/ — Eni’s acquisition of the 20 percent stake in the ADNOC Refining represents one of the largest ever refinery transactions. The agreed price for the 20 percent stake in the refinery, being $3.3 billion, corresponds … Read the full press release