Abu Dhabi, UAESunday 16 June 2019

Business Extra podcast: How Adnoc earned world's top oil and gas credit rating

Fitch has given a best assessment of creditworthiness on the back of company's 'high upstream output, significant reserves and strong profitability'

Adnoc headquarters in Abu Dhabi. Source: Adnoc
Adnoc headquarters in Abu Dhabi. Source: Adnoc

The Abu Dhabi National Oil Company is now rated as the most creditworthy oil and gas producer in the world, according to Fitch.

This is a strong validation from one of the world’s leading credit ratings agencies of Adnoc's strategy and transformation into a more commercially driven and innovative organisation.

In this week's Business Extra podcast, we talk to Dmitry Marinchenko, Fitch's oil and gas director and the primary analyst for Adnoc, about the credit ratings process, how Fitch arrived at its assessment and what it means for Adnoc in the future.

Listen here:

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Updated: February 20, 2019 04:52 PM

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