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.
An investor group backed by Global Infrastructure Partners and Brookfield Asset Management is seeking a loan of about $8 billion to finance the potential purchase of a stake in ADNOC’s natural gas pipelines, according to people with knowledge of the matter.
Baker Hughes, a GE company (BHGE) will help develop infrastructure to boost sustainable mobility in heavy duty trucks in Italy.
Statoil has agreed to sell its 20% stake in the Trans Adriatic Pipeline to Italian gas infrastructure firm Snam for EUR208million.