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A new joint venture has got underway between ADNOC Drilling Company and Alpha Dhabi Holding - one of Abu Dhabi's biggest investment companies. The new entity will 'pursue global investments' in energy technology and expand tech-enabled energy services.
As the first investment in the JV, Alpha Dhabi contributed its 25 per cent stake in Gordon Technologies, a US-based provider of measurement while drilling technology to the oil and gas industry.
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