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Santos, Abu Dhabi and ADNOC

Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos

Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of US$5.76 a share — equivalent to A$8.89 — which represented a 28 per cent premium to the company’s closing share price last week.

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Market debates whether Abu Dhabi will help or hinder Santos’ ambitions

Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

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Adnoc Is Evaluating Possibility of Buying Some BP Assets

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

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BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Abu Dhabi’s state oil giant bids US$18.7b for Australia’s Santos amid global race for natural gas stakes

Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 ...

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Aussie oil and gas giant Santos receives almost $30b takeover bid from consortium led by Abu Dhabi National Oil Company

Australia’s second largest oil and gas producer has received an almost $30b takeover offer from a group led by the Abu Dhabi ...

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