Page 1 - MEOG Week 42
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Issue 791             21•October•2020                     Week 42





                    ™      ADNOC maintains momentum


                            ADNOC has continued its recent spate of activity, setting up trading arms,
                            buying crude tankers and divesting more of its holding in gas pipelines.


                    ™      amco talks pipes with BlackRock
                            Ar

                            Saudi Aramco is reported to be in talks with BlackRock and other investors
                            regarding a deal to lease out and rent back a stake in its pipeline business.

                    ™      INPEX gets funding for UAE work


                            Japan’s Inpex Corp. has agreed $1bn of finance with several banks to fund the
                            development of several onshore and offshore projects in Abu Dhabi.

                    ™      Jafurah bidding heats up


                            International services firms are understood to have submitted bids to
                            Aramco for work on its $110bn project to develop the onshore Jafurah field.
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