Singapore’s sovereign wealth fund joins BlackRock and KKR in landmark Abu Dhabi oil investment
View of Abu Dhabi’s skyline at sunset from Dhow Harbour in the UAE.
Getty ImagesSingapore sovereign wealth fund GIC has joined major Wall Street investors in a landmark oil pipeline partnership with Abu Dhabi’s National Oil Company (ADNOC), bringing the total investment in the project to nearly $5 billion.
The move, which will see GIC invest $600 million in select ADNOC crude pipeline…