Industrial

Oil giant Adnoc completes $3.6bn acquisition of ammonia leader Fertiglobe

Fertiglobe is the world’s largest seaborne exporter of ammonia, which is set to become a major shipping fuel and the primary method of transporting clean hydrogen around the world

Adnoc CEO Sultan Ahmed Al Jaber, pictured with thumbs up at last year's COP28 in Abu Dhabi, where he was the president of the UN climate summit.
Adnoc CEO Sultan Ahmed Al Jaber, pictured with thumbs up at last year's COP28 in Abu Dhabi, where he was the president of the UN climate summit.Photo: UN
Middle East and South Asia Editor
Published 16 October 2024, 10:49Updated 16 October 2024, 10:58
AdnocFertiglobeAmmoniafertiliserBlue H2