ADNOC Drilling and Alpha Dhabi’s ‘Enersol’ joint venture increases equity stake in Gordon Technologies to 67.2%

ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC for consideration of approximately $270 million, making Enersol the majority equity holder.The consideration is