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Alpha Dhabi Climbs to Record AED 13.3 Billion Net Profit Amidst

As part of this, the Group contributed its 25% stake in Gordon Technologies LLC to Enersol Rsc Ltd for a consideration of AED 320 million. Hospitality Acquisitions: Expanding Portfolio with

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Freshfields: Alpha Dhabi on Enersol Joint Venture Acquisition of

Freshfields is advising Alpha Dhabi Holding (Alpha Dhabi) on Enersol RSC LTD''s (Enersol) acquisition of an additional equity stake in Gordon Technologies (Gordon). Enersol, a joint venture of Alpha Dhabi and ADNOC Drilling Company, has agreed to acquire an additional 42.206% equity stake in Gordon for consideration of approximately $270 million, making

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ADNOC and Alpha Dhabi JV Enersol to acquire 42.206

ABU DHABI, UAE: ADNOC Drilling Company and Alpha Dhabi Holding announced their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC ("Gordon'''') for consideration of approximately $270 million, making Enersol the majority equity holder.

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ADNOC Drilling and Alpha Dhabi''s ''Enersol'' joint venture

ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC for consideration of approximately $270 million, making Enersol the majority equity holder.The consideration is

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Adnoc Gas awards Dhs2b contracts to expand UAE gas

Separately, ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC for consideration of approximately $270 million, making Enersol the majority equity holder.

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Alpha Dhabi''s net profit climbs to record Dh13.3 billion in 2023

As part of this, the group contributed its 25 percent stake in Gordon Technologies LLC to Enersol Rsc Ltd for a consideration of Dh320 million. Additionally, the group made strategic acquisitions

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Alpha Dhabi reports $3.6bn profit and $12.4bn revenue in 2023

As part of this, the Group contributed its 25 per cent stake in Gordon Technologies LLC to Enersol Rsc Ltd for a consideration of AED320m. Additionally, the Group made strategic acquisitions in companies including ADMO Lifestyle Limited, and National Corporation for Tourism and Hotels, demonstrating Alpha Dhabi''s commitment to expanding and

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ADNOC Drilling and Alpha Dhabi''s ''Enersol'' joint venture

ABU DHABI (WAM) ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC for consideration of approximately $270 million, making Enersol the majority equity holder.

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ADNOC Drilling and Alpha Dhabi''s Enersol acquires ownership of

Enersol, a joint venture (JV) between ADNOC Drilling and Alpha Dhabi Holding PJSC, is set to acquire a 100% equity stake in EV Holdings Ltd. (EV) for approximately $45 million from UK-based private equity firm Dunedin. Enersol, a joint venture (JV) between ADNOC Drilling and Alpha Dhabi Holding PJSC, is set to acquire a 100% equity stake in EV

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Alpha Dhabi''s net profit climbs to record $3.6bln in 2023

As part of this, the Group contributed its 25 percent stake in Gordon Technologies LLC to Enersol Rsc Ltd for a consideration of AED 320 million. Additionally, the Group made strategic acquisitions in companies including ADMO Lifestyle Limited, and National Corporation for Tourism and Hotels (NCT&H, demonstrating Alpha Dhabi''s commitment to

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ADNOC Drilling and Alpha Dhabi''s "Enersol" Joint Venture

Enersol will acquire an additional equity stake of around 42.2% in Gordon Technologies ALPHADHABI) announced today that their joint venture Enersol RSC LTD ("Enersol" or the '''' JV'''') has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC ("Gordon'''') for consideration of approximately $270

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Alpha Dhabi climbs to record AED 13.3bln net profit amidst

As part of this, the Group contributed its 25% stake in Gordon Technologies LLC to Enersol Rsc Ltd for a consideration of AED 320 million. Hospitality Acquisitions: Expanding Portfolio with Renowned Hospitality Brands. Additionally, the Group made strategic acquisitions in companies including ADMO Lifestyle Limited, and National Corporation for

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ADNOC Drilling, Alpha Dhabi JV to acquire additional stake in

ADNOC Drilling Co., a unit of Abu Dhabi National Oil Company (ADNOC), and investment holding company Alpha Dhabi Holding said on Tuesday their joint venture (JV) Enersol RSC LTD has agreed to acquire an additional equity stake in oil and gas engineering company Gordon Technologies LLC for approximately $270 million.

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ADNOC Drilling JV to Acquire Stake in Drilling Solutions Firm

Enersol RSC LTD, the joint venture of ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC, has agreed to acquire a 51 percent equity stake in NTS AMEGA for a consideration of approximately

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Leading UAE Investors Partner with ADNOC and ADQ to

The Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA''ZIZ) today signed investment agreements with eight United Arab Emirates (UAE)-based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi''s downstream and petrochemicals sector. The agreements comprise commitments by the investors to invest in an up to 20% stake in a

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Enersol

The Enersol Basic series meters are easy-to-operate, compact in size, cost effective meters that offer the basic...read more DG Controller Smart VIF DG Meter has been specially designed to measure and monitor the signal levels of the modern...

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Enersol RSC LTD agreed to acquire 51% stake in NTS Group

Enersol RSC LTD agreed to acquire 51% stake in NTS Group from Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) for $58 million on July 16, 2024. NTS has demonstrated strong financials in FY2023, reporting revenue exceeding $120 million. .

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Freshfields advises Alpha Dhabi on Enersol joint venture

Freshfields is advising Alpha Dhabi Holding PJSC (Alpha Dhabi) on Enersol RSC LTD''s (Enersol) acquisition of an additional equity stake in Gordon Technologies LLC (Gordon). Enersol, a joint venture of Alpha Dhabi and ADNOC Drilling Company PJSC, has agreed to acquire an additional 42.206% equity stake in Gordon for consideration of

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Enersol Takes Control of Gordon Technologies in $270 Million Deal

ADNOC Drilling Company and Alpha Dhabi Holding, a strategic investment firm, announced a significant development for their joint venture, Enersol RSC LTD. Enersol has agreed to acquire an additional 42. 206% stake in Gordon Technologies LLC, a US-based leader in oil and gas measurement and drilling technology. This acquisition elevates Enersol to the

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ADNOC Drilling venture to acquire EV Holdings for $45m

Enersol agreed to acquire an additional 42.21 per cent equity stake in Gordon Technologies for approximately $270m in June, making the venture the majority equity holder in the drilling technology

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Enersol Signs Agreement to Acquire Leading Downhole

Enersol (the "JV'''') has agreed to acquire a 100% equity stake in EV Holdings Ltd. (EV) for approximately $45 million1 from UK-based private equity firm, Dunedin. Completion of the transaction is subject to obtaining the necessary regulatory approvals and closing adjustments, after which the EV stake will be formally transferred to Enersol.

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UAE''s ADNOC Drilling to expand operations across GCC

Last month, the driller in collaboration with the Abu Dhabi investment company Alpha Dhabi Holding set up a joint venture called Enersol Rsc Ltd., with Alpha Dhabi contributing its 25% stake in Gordon Technologies LLC to Enersol.

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ADNOC DRILLING COMPANY P.J.S.C. Second Quarter

Enersol acquisitions of the majority of Gordon Technologies LLC On June 11, 2024, ADNOC Drilling and Alpha Dhabi Holding PJSC (''''Alpha Dhabi'''') announced that their joint venture Enersol RSC LTD ("Enersol" or the ''''JV'''') has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC ("Gordon'''') for

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ADNOC Drilling signs Turnwell Agreements, accelerates initial

Additionally, Gordon Technologies, a market-leading provider of Measurement While Drilling (MWD) technology and an Enersol company, will support the delivery of these wells. MWD technology reduces drilling time, improves well-bore quality, and increases overall drilling efficiency. The involvement of Enersol companies in this campaign is pivotal.

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ADNOC Drilling and Alpha Dhabi''s "Enersol" Joint Venture

Gordon Technologies has established its Abu Dhabi enterprise to commence field operations in MENA. ADNOC Drilling will benefit from Enersol''s AI, digitization, and advanced technology

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ADNOC Drilling JV to Acquire Stake in Drilling Solutions Firm

Enersol RSC LTD, the joint venture of ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC, has agreed to acquire a 51 percent equity stake in NTS AMEGA for a consideration of approximately $58 million, excluding transaction fees,

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About Enersol rsc ltd

About Enersol rsc ltd

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