ADNOC Logistics and Services plc announced today that it has acquired 80% of the shares of Navig8 TopCo Holdings Inc. (Navig8) for $1.04 billion and is committed to acquiring the remaining 20 percent by mid-2027.

Sultan Ahmed Al-Jaber, UAE Minister of Industry and Advanced Technology and CEO of ADNOC Group, discussed the importance of harnessing the opportunities of AI to transform these areas in a meeting with 80 global leaders from the energy, technology, climate and investment sectors and improve profitability. Very stressed.