Business Extra podcast: What the Baker Hughes-Adnoc partnership means

We speak exclusively with Adnoc's Abdulmunim Al Kindy about the landmark deal in this week's episode

ABU DHABI, UNITED ARAB EMIRATES, Nov. 10, 2014:  
Abdul Munim Saif Al-Kindy, Chief Executive Officer at ADCO, talks during a panel he moderated at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) on Monday, Nov. 10, 2014, at the Abu Dhabi National Exhibition Center. (Silvia Razgova / The National)

Usage: Nov. 10, 2014
Section: BIZ
Reporter: Leanne Graves, Anthony McAuley, Dania Saadi

Following the news that US oil services provider Baker Hughes will pay $550 million (Dh2.02 billion) for a 5 per cent stake in Adnoc's drilling subsidiary, Mustafa Alrawi speaks with Abdulmunim Al Kindy, head of upstream at the Abu Dhabi National Oil Company, to find out how the partnership can drive higher profitability and new opportunities for the sector.

Mustafa and Assistant Business Editor Chris Nelson discuss what this could mean for the wider UAE economy. Listen here:

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Read More:

Baker Hughes drilling partnership could spur boom for UAE energy industry

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