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ADNOC has made the acquisition to advance its global chemicals growth strategy. (Image source: ADNOC)

ADNOC has acquired a 24.9% stake in Austria-headquartered OMV AG (OMV) from Mubadala Investment Company, in a bid to accelerate its global chemicals growth strategy

Under the agreement, Al Murabit Company will distribute EarthSense Zephyr monitors and leverage EarthSense’s data access web application, MyAir to provide an air quality monitoring service.

EarthSense, the air quality expert, has announced a distribution agreement with Al Murabit Company, a leading supplier to the oil and gas industry in Iraq, whereby Al Murabit Company will offer Earthsense’s air quality monitoring and consultancy services to upstream, midstream, and downstream companies in Iraq

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