Keyword: Borouge


ADNOC Completes Acquisition of 24.9% Stake in OMV

04.03.2024 -

Abu Dhabi National Oil Company (ADNOC) has completed the acquisition of a 24.9% stake in Austrian energy group OMV from Mubadala, the sovereign wealth fund of the United...


OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...


ADNOC Raises $2.5 Billion in Gas IPO

06.03.2023 -

Abu Dhabi National Oil Co (ADNOC) has netted $2.5 billion from the initial public offering of its subsidiary ADNOC Gas. The biggest-ever issue in Abu Dhabi, topping the...


Borouge Plans IPO of Minority Stake

23.05.2022 -

Borouge, the Borealis/Abu Dhabi National Oil Co (ADNOC) joint venture, has announced plans to float a 10% stake in the company on the Abu Dhabi Securities Exchange (ADX)...


Borealis and ADNOC Said Hiring Banks for IPO

16.02.2022 -

Plastics and fertilizer producer Borealis and Abu Dhabi National Oil Co (ADNOC), the United Arab Emirates’ largest oil company, are lining up banks to help arrange a...


Tecnimont Wins EPC Contracts Worth $3.5 Billion from Borouge

09.12.2021 -

Italian contractor Tecnimont has signed three contracts with Borouge for engineering, procurement construction (EPC) services on the polyolefins expansion in Ruwais, Abu...


Axens Wins Borouge 4 Contract

24.01.2020 - French technology provider Axens has been awarded a contract by Borouge to supply units for methyl tertiary-butyl ether (MTBE), 1-butene and 1-hexene. The value of the contract was...


WorleyParsons Wins Borouge Contract

28.03.2019 - Australian engineering company WorleyParsons has been awarded a project management consultancy (PMC) contract by Borouge for a fourth expansion of the petrochemicals complex at...