BP International Limited, MBK Investment Management Netherlands B.V., Shell International B.V. and a unknown subsidiary of TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire 40% stake in Ruwais LNG Project from Abu Dhabi National Oil Company on July 10, 2024. Upon Completion ADNOC will hold a majority 60% share in the project and serve as the lead developer and operator of the facility, while Shell, BP, Mitsui and TotalEnergies will each hold 10%. The agreement was signed by His Excellency Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group Chief executive officer, Murray Auchincloss, Chief executive officer of bp; Kenichi Hori, President and Chief executive officer of Mitsui & Co.; Wael Sawan,Chief executive officer of Shell; and Patrick Pouyanné, Chairman and Chief executive officer of TotalEnergies.
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101.7 PTS | -0.28% | -7.59% | - | ||
63.28 EUR | -0.35% | -2.16% | 160B | ||
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- BP International Limited, MBK Investment Management Netherlands B.V., Shell International B.V. and a unknown subsidiary of TotalEnergies SE signed an agreement to acquire 40% stake in Ruwais LNG Project from Abu Dhabi National Oil Company.