Enersol, a joint venture formed by ADNOC Drilling and Alpha Dhabi Holding, is making headlines with its recent decision to acquire a substantial 95% stake in Deep Well Services, a technology-driven energy services company based in the United States. The acquisition, valued at approximately $223 million, includes contingent payments tied to the performance of the […]
ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC have jointly announced that their collaborative venture, Enersol, will acquire a 51% equity stake in NTS AMEGA for approximately $58 million, positioning Enersol as the majority stakeholder. The transaction, initially mirrored by Alpha Dhabi’s October 2023 investment in NTS, is pending regulatory approval and customary closing […]
Enersol RSC LTD, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, has announced the acquisition of an additional 42.206% equity stake in Gordon Technologies LLC for approximately $270 million. This strategic acquisition positions Enersol as the majority equity holder in Gordon, significantly enhancing its market presence in the measurement while drilling (MWD) […]