A strategy to finance diversification without giving up control International advisors and seed financing to support buyers Raising money from oil and gas infrastructure assets, while maintaining control, has become an essential part of the strategy of national oil companies in the Gulf, helping them raise billions of dollars for their ambitious diversification plans. Reuters reported on Wednesday that Kuwait may launch the process of selling a stake in its oil pipeline network in February, similar to moves by countries in the region. Here are some key facts about these deals: UAE ADNOC In 2019, ADNOC established a new subsidiary, ADNOC Oil Pipelines, and leased its stake in 18 pipelines for 23 years to an alliance that includes two companies.