Goldman Sachs named global coordinator for ADNOC Drilling IPO

In:

Oil & gas

Region:

Middle East & Africa

Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a syndicate of advisors for the IPO of ADNOC Drilling. Goldman Sachs will act as global coordinator for the share sale that could raise over $1 billion. ADNOC Drilling owns and operates a large fleet of rigs, including 75 onshore...

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