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Mar 11, 2025

Positive Energy and Pragmatic Actions Needed to Drive Global Growth and Rise of AI: Dr. Sultan Al Jaber

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG, today said that positive energy and pragmatic actions were needed to drive global growth and power the rise of artificial intelligence (AI).

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Mar 04, 2025

ADNOC and OMV to Create $60+ Billion Global Polyolefins Champion

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (ADNOC) and OMV Aktiengesellschaft (OMV) have agreed terms of a binding Framework Agreement (the Agreement) regarding the proposed combination of shareholdings in Borouge plc (Borouge) and Borealis AG (Borealis) (the Combination).

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Feb 21, 2025

ADNOC Successfully Completes $2.84 Billion Marketed Offering of ADNOC Gas Shares

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), announced today the final offer price and successful completion of the marketed offering (the “Offering”) to institutional investors of 3.1 billion ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234). This represents 4% of the issued and outstanding share capital of ADNOC Gas and will increase the Company’s free float by 80% (to headline 9%).

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Feb 20, 2025

ADNOC to Offer Approximately 3.1 Billion Shares of ADNOC Gas Through a Marketed Offering

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), announced today its intention to offer approximately 3.1 billion shares through a Marketed Offering (“the Offering”).

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Feb 01, 2025

ADNOC Update on Potential Polyolefin Opportunities

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) confirms that negotiations with OMV AG (“OMV”) about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”) are ongoing in a constructive and positive manner, while contemplating the acquisition of Nova Chemicals Corporation (“Nova”) from Mubadala Investment Company (“Mubadala”) and contribution to the combined entity. The transactions are subject to respective agreements, regulatory approvals and customary conditions.

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