Abu Dhabi, UAESaturday 17 August 2019

Business Extra podcast: What the Baker Hughes-Adnoc partnership means

We speak exclusively with Adnoc's Abdulmunim Al Kindy about the landmark deal in this week's episode

“In partnership with BHGE, Adnoc Drilling will generate predictable, long-term revenue streams and growth in the market,” said Mr Al Kindy. Silvia Razgova / The National
“In partnership with BHGE, Adnoc Drilling will generate predictable, long-term revenue streams and growth in the market,” said Mr Al Kindy. Silvia Razgova / The National

Following the news that US oil services provider Baker Hughes will pay $550 million (Dh2.02 billion) for a 5 per cent stake in Adnoc’s drilling subsidiary, Mustafa Alrawi speaks with Abdulmunim Al Kindy, head of upstream at the Abu Dhabi National Oil Company, to find out how the partnership can drive higher profitability and new opportunities for the sector.

Mustafa and Assistant Business Editor Chris Nelson discuss what this could mean for the wider UAE economy. Listen here:

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Updated: October 10, 2018 08:14 PM

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