Abu Dhabi’s onshore
Wednesday, 26th May 2021
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.
Sunday, 3rd February 2019
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.
Tuesday, 15th November 2016Total will continue investing in the UAE, as it has plans to be part of offshore concessions of Abu Dhabi Marine Operating Company (Adma-Opco) .