Adnoc closes transaction for Lightning’s landmark $3.8 billion subsea power contract

Combined investment from consortium, commercial lenders and export credit agencies yielded more than $3 billion in foreign direct investment

Lightning strikes: an offshore facility at Adnoc’s Lower Zakum oilfield.
Lightning strikes: an offshore facility at Adnoc’s Lower Zakum oilfield.Photo: ADNOC
Published 23 September 2022, 12:53Updated 14 October 2022, 11:25