News
08 July 2024

Ruwais LNG to earmark 40% stake 'to 4 majors'

In:
Oil & gas
Region:
Middle East & Africa

ADNOC has earmarked a 40% stake in its Ruwais LNG project to Shell, TotalEnergies, BP, and Mitsui, sources said.The four companies are expected to get a stake of 10% each in the project which will more than double UAE's output of the sea-borne fuel and is expected to produce about 9.6 million...

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