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
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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.