Abu Dhabi National Oil Co. is working with advisers to evaluate an offer for the assets that could potentially be worth about $9 billion, said the people, who asked not to be identified as the matter is private. Other suitors are also circling Aethon’s natural gas and midstream assets that are mostly based in Texas and Louisiana, the people said.
Deliberations are in the early stages and no final agreements have been reached, the people said. It isn’t immediately clear if recent market volatility would impact the transaction.