Production

Oil giant Adnoc to become major clean hydrogen and ammonia player after agreeing $3.6bn deal to buy Fertiglobe

State-owned company purchases OCI’s majority stake in joint venture, which is world’s largest seaborne exporter of fertilisers made from H2 and nitrogen

Sultan Al Jaber, CEO of Adnoc, and the president of the recent COP28 summit, pictured speaking at the Adipec conference in Abu Dhabi.
Sultan Al Jaber, CEO of Adnoc, and the president of the recent COP28 summit, pictured speaking at the Adipec conference in Abu Dhabi.Photo: Masdar
Published 18 December 2023, 12:03Updated 18 December 2023, 12:03
AdnocAbu DhabiFertiglobeAmmoniaMethanol