Abu Dhabi

Oil & Gas

Abu Dhabi weighing up sale of $4bn Taqa stake

Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.

North Sea

Taqa mulls sale of assets in UK and Canada

Taqa is considering options for its oil and gas assets in the UK and elsewhere, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.

Middle East

Abu Dhabi said to near pipeline deal with GIP-backed group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals.