ADNOC seals $4 billion pipeline deal with KKR, BlackRock

ADNOC (Abu Dhabi National Oil Company) has signed a $4 billion midstream pipeline infrastructure deal with U.S. institutional investors KKR and BlackRock, the government-owned Abu Dhabi company announced on Sunday. The newly formed entity called ADNOC Oil Pipelines will lease the oil company’s interest in 18 pipelines of more than 750 km in total length … Read more