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

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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Enersol RSC acquires majority stake in Gordon Technologies for

Enersol RSC LTD, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, has announced the acquisition of an additional 42.206% equity stake in Gordon Technologies LLC for approximately $270 million. This strategic acquisition positions Enersol as the majority equity holder in Gordon, significantly enhancing its market presence

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.

ADNOC Drilling''s Enersol increases stake in MWD

ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC''s joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC for approximately

ADNOC Drilling, Alpha Dhabi joint venture raises stake

ADNOC Drilling and Alpha Dhabi Holding announced today that their joint venture Enersol RSC LTD will acquire an additional 42.206 percent equity stake in Gordon Technologies for a consideration of around $270

Freshfields: Alpha Dhabi on Enersol Joint Venture

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

UAE''s ADNOC Drilling Signs Turnwell Agreements and

The Company through its wholly owned subsidiary ADH RSC LTD has signed definitive agreements for the creation of the Turnwell joint venture (JV) with SLB and Patterson-UTI. Enersol, a technology-focused

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,

ADNOC Drilling and Alpha Dhabi''s "Enersol" JointVenture

Abu Dhabi, UAE – June 11, 2024: ADNOC Drilling Company PJSC ("ADNOC Drilling" or the "Company")(ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Alpha Dhabi Holding PJSC (''''Alpha Dhabi'''') (ADX: ALPHADHABI) announced today that their joint venture Enersol RSC LTD ("Enersol" or the '''' JV'''') has agreed to acquire an

ALPHA DHABI HOLDING PJSC Management Discussion

amount of AED 254.2 million by ADMO Lifestyle Holding Ltd.. Alpha Mind is involved in the hospitality business. Enersol Rsc Ltd The Group has formed a joint venture entity, Enersol Rsc Ltd in November 2023, in collaboration with ADNOC Drilling Company PJSC (referred to as ''ADNOC Drilling''),

Freshfields advises Alpha Dhabi on Enersol joint venture

News. 26 June 2024. Freshfields advises Alpha Dhabi on Enersol joint venture acquisition of additional equity stake in Gordon Technologies LLC. 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).

Abu Dhabi Firms Deepen Stake in Oil and Gas

Through their joint venture (JV) Enersol RSC LTD, the companies have agreed to acquire an additional 42. 2% stake in Gordon Technologies LLC for approximately $270 million. This acquisition will make

ADNOC Drilling JV to Acquire Stake in Drilling

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

Enersol to fully acquire UK-based EV Holdings for $45mn

Enersol, joint venture of ADNOC Drilling and Alpha Dhabi, has signed to acquire a 100 percent equity stake in EV Holdings Ltd. (EV), the UK-based private equity firm, for approximately $45 million. After the approval of regulatory requirements and closing adjustments, EV will be formally acquired by Enersol.

Enersol Takes Control of Gordon Technologies in $270

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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