Adnoc to become major clean hydrogen and ammonia player after agreeing $3.6 billion takeover deal

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

Adnoc chief executive Sultan Ahmed Al-Jaber.
Adnoc chief executive Sultan Ahmed Al-Jaber.Photo: AFP/SCANPIX
ADNOCMiddle East
Published 18 December 2023, 17:12Updated 18 December 2023, 17:12