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Tag: ADNOC Distribution
ADNOC TOTAL EGYPT

ADNOC Distribution to acquire 50% stake in TotalEnergies’ Fuel Retail and Lubricants Business in Egypt

Posted: July 29, 2022 at 7:35 pm   /   Oil & Gas

Delivering on its commitment to pursue attractive international growth, ADNOC Distribution signs an agreement to acquire a stake in a significant portfolio, which includes 240 fuel retail stations, wholesale fuel, aviation fuel and lubricants operations. c. $203 million investment is the largest in ADNOC Distribution’s history. The acquisition will accelerate ADNOC Distribution’s international growth following […]

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