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Exclusive-Abu Dhabi s ADNOC weighs IPO of logistics and services unit next year- sources

By Hadeel Al Sayegh DUBAI (Reuters) - State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine.

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Abu Dhabi s ADNOC weighs IPO of logistics and services unit next year: sources

State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters. ADNOC Logistics & Services (ADNOC L&S) has been selected for a potential float in Abu Dhabi in 2022, said the sources, declining to be named as the matter is not

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EXCLUSIVE Abu Dhabi s ADNOC weighs IPO of logistics and services unit next year- sources

State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.

United arab emiratesAbu dhabiAbuz abyHadeel al sayeghChristopher cushingAbu dhabi national oil companyThomson reuters trust principlesPetroleum services coAbu dhabi petroleum ports operating coAbu dhabi national tanker coLogistics servicesAbu dhabi petroleum ports operatingThomson reuters trust

Abu Dhabi oil firm ADNOC weighs IPO of logistics and services unit next year

ADNOC is taking advantage of a rally on the Abu Dhabi equities index, which is up 65% this year, the best-performing market in the Gulf.

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Abu Dhabi s ADNOC mulling IPO of marine services, logistics, shipping arm next year

ADNOC Logistics & Services has been selected for a potential float in Abu Dhabi in 2022, sources said. A deal could follow after testing investor appetite and market condition.

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