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ADNOC Logistics & Providers (ADNOC L&S) has sealed a deal to spice up its LNG service fleet with at the least six extra newbuilds.
The delivery and maritime logistics arm of Abu Dhabi Nationwide Oil Firm (ADNOC) has inked letters of intent with Samsung Heavy Industries and Hanwha Ocean for 3 ships every, valued in complete at about $1.5bn with choices for 4 extra newbuilds.
The press workplace of South Korean President Yoon Suk Yeol revealed the deal as half of a bigger commerce settlement signed between the nation and the United Arab Emirates at a summit on Wednesday.
ADNOC L&S already has six 175,000 cu m items beneath building at China’s Jiangnan Shipyard due for supply throughout 2025 and 2026.
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