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 […]
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) […]
ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC have officially announced the formation of their strategic joint venture (JV) at the Abu Dhabi Global Market. This energy technology JV marks a significant step in the pursuit of global investments in energy technology and tech-enabled energy services. At the forefront of this joint venture is […]