Proceeds from the transaction will be used to reduce debt and redeploy capital into higher-returning projects, the company said
The projects are expected to generate thousands of jobs for local communities, driving economic growth in Vietnam’s coastal regions and providing substantial social benefits
The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed
ADNOC’s Ruwais facility is expected to be the region’s first LNG export facility to run on clean power