ADNOC Awards $744 mm Contract for Developing Belbazem Offshore Block

• Wednesday, 26th May 2021
• by Editorial Team

The Abu Dhabi National Oil Company (ADNOC) awarded a $744 million contract to the National Petroleum Construction Company (NPCC) for full field development of the Belbazem Offshore Block.

ADNOC Awards Onshore Block 3 to Occidental Petroleum

• Sunday, 3rd February 2019
• by Editorial Team

Under the agreement, Occidental will own 100% of the block in the exploration phase and invest around $244 million, meanwhile ADNOC will be able to hold 60% stake in the production phase of the concession.

Total to Invest in the UAE

• Tuesday, 15th November 2016
• by Egypt Oil & Gas

Total will continue investing in the UAE, as it has plans to be part of offshore concessions of Abu Dhabi Marine Operating Company (Adma-Opco) .