News
26 February 2024

ADNOC's $30bn chemicals tie-up with OMV stalls

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa, Europe

Talks related to a planned $30 billion merger between the chemicals arms of ADNOC and Austrian oil and gas company OMV have reportedly stalled in recent weeks.The parties halted negotiations to navigate a series of disagreements, which include the name of the merged unit, the Financial Times report...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 June 2025

Oil & gas dealmaking resurgent amid geopolitical strife

A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless...

Video
26 June 2025

10 minutes with Abdulrahman Al Sowaidi, CEO, QDB

TXF talks to Abdulrahman Al Sowaidi, CEO of Qatar Development Bank (QDB), at the Exile Global 2025 event, discussing topics such as QDB's multifaceted product offering and its...