It would also signal a strategic shift for the ADNOC-led group which has previously only considered integrated gas assets in Australia. But they do undoubtedly harbour ambitions to become a global energy powerhouse.
">
OPERATIONS

Deep-pocketed XRG considers "pocket-change" purchase of Shell's North West Shelf stake

Potential deal positions Abu Dhabi group inside Australia’s most strategic LNG asset

Abu Dhabi said to be weighing stake in Shell’s North West Shelf holding: Pictured XRG executive chairman Dr. Sultan Al Jaber

Abu Dhabi said to be weighing stake in Shell’s North West Shelf holding: Pictured XRG executive chairman Dr. Sultan Al Jaber | Credits: Woodside Energy/XRG

Rumours have emerged that Abu Dhabi consortium XRG is considering a bid for Shell's stake in the Woodside-controlled North West Shelf (NWS) project.  Sources speaking to ENB on the condition of anonymity,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy: The Role of Batteries Report 2026

The role of batteries and storage in Australia’s energy transition

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.