Eni and ADNOC sign a strategic agreement to accelerate the reduction of emissions and strengthen cooperation in the sectors of clean energy and sustainability Claudio Descalzi, Chief Executive Officer of Eni, and Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technologies of the Emirates United Arab and Director General and Chief Executive Officer of ADNOC, signed [...]
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Eni and ADNOC, the Abu Dhabi national oil company, today completed the strategic partnership announced last January, through which Eni acquired a 20% stake in ADNOC Refining. The partners in the transaction, which also include the Austrian company OMV (15%), have also set up a joint venture dedicated to the marketing of petroleum products. [...]
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Eni and ADNOC today signed an agreement (Share Purchase Agreement) which allows Eni to acquire from ADNOC the 20% stake in ADNOC Refining. The signing of the agreement was attended by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the [...]
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