ADNOC to Invest $1.4B in Bu Hasa Field

ADNOC to Invest $1.4B in Bu Hasa Field

ADNOC announced on November 14 that is plans to invest $1.4 billion to upgrade and expand its onshore Bu Hasa field, Reuters reported.

The upgrades will increase crude oil production capacity to 650,000 barrels per day (b/d) from 550,000 (b/d) by the end of 2020, ADNOC said in the statement.

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