Abu Dhabi National Oil Company

Abu Dhabi National Oil Company is a state-owned energy company in Abu Dhabi that operates across the oil and gas value chain, including exploration and production, refining and gas processing, chemicals and petrochemicals, maritime transportation, and the distribution of refined products. It has expanded by establishing subsidiaries and building an integrated oil and gas industry structure to coordinate activities across exploration, production, support services, and downstream logistics. Its drilling arm, ADNOC Drilling, provides onshore and offshore drilling services and related marine equipment, and rents drilling rigs for onshore and offshore exploration. The business is organized into Onshore, Offshore Jack-up, Offshore Island, and OilField Services, with Onshore supplying the majority of revenue.

Sultan Al Jaber

CEO at Abu Dhabi National Oil Company

5 past transactions

Covestro

Acquisition in 2024
Covestro is a German manufacturer of polymer materials serving mobility, construction, electronics, and other industries with polyurethanes, polycarbonates and related specialty chemicals. The company focuses on sustainable materials and processes, delivering solutions that enhance durability, efficiency, and environmental performance. Its portfolio includes a substantial specialty chemicals business centered on coatings and adhesives, complemented by broader product lines in engineering plastics and polyurethanes and polycarbonates. Covestro operates through segments including Performance Materials and Solutions & Specialties, with most revenue generated from Solutions & Specialties. Demand follows cyclical end markets such as automotive, construction, and furniture, while ongoing innovation expands applications across engineering plastics, coatings, and related systems across global markets.

Fertiglobe

Acquisition in 2023
Fertiglobe is a producer of gas-based fertilizers, focusing on urea and ammonia for export and distribution to agricultural and industrial customers. The company also supplies diesel exhaust fluid for industrial use, marketed as AdBlue in Europe and AdGreen by FERTIL. It operates globally across Europe, North America, South America, Africa, the Middle East, Asia and Oceania, with Europe accounting for the majority of revenue.

OMV

Post in 2022
OMV is an international energy company focused on fuels, chemicals, and materials. It specializes in producing and marketing fuels, base chemicals, fertilizers, and offers circular polyolefin solutions.

Borealis

Secondary Market in 2022
Borealis is a manufacturer specializing in innovative solutions within the domains of polyolefins, base chemicals, and fertilizers. The company focuses on addressing global water and sanitation challenges through product innovation. Its offerings include advanced polyolefins that contribute to energy savings along the value chain and promote the efficient utilization of natural resources. Borealis aims to deliver value-creating plastics solutions that enhance the safety, lightness, adaptability, and affordability of end products for consumers.

Masdar

Secondary Market in 2022
Masdar is a renewable energy company that develops large-scale clean energy projects. It aims to embody the UAE's commitment to sustainable practices and support its transition towards a knowledge-based economy.
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