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Following the news that US oil services provider Baker Hughes will pay $550 million (Dh2.02 billion) for a 5 per cent stake in Adnoc’s drilling subsidiary, Mustafa Alrawi speaks to Abdulmunim Al Kindy, head of upstream at the Abu Dhabi National Oil Company to find out how the partnership can drive higher profitability and new opportunities for the sector. Mustafa and Assistant Business Editor Chris Nelson discuss what this could mean for the wider UAE economy.
By The National News3.8
66 ratings
Following the news that US oil services provider Baker Hughes will pay $550 million (Dh2.02 billion) for a 5 per cent stake in Adnoc’s drilling subsidiary, Mustafa Alrawi speaks to Abdulmunim Al Kindy, head of upstream at the Abu Dhabi National Oil Company to find out how the partnership can drive higher profitability and new opportunities for the sector. Mustafa and Assistant Business Editor Chris Nelson discuss what this could mean for the wider UAE economy.

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