CNCP Buys Stakes in Abu Dhabi Concessions for $1.18B
China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.
China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.
Total recently won a deal with ADNOC for two stakes in Umm Shaif and Lower Zakum respectively worth a total of $1.45 billion.
Total now holds 20% of the Umm Shaif and Nasr concession and 5% of the Lower Zakum concession, together worth an approximate $1.45 billion.
The Abu Dhabi National Oil Company has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal.
Abu Dhabi National Oil Company (ADNOC) will offer new oil and gas blocks for bidding to help the country hit new untapped resources, announced ADNOC CEO, Sultan al-Jaber, during CERAWeek in Houston, US.
Abu Dhabi National Oil Company (ADNOC) has awarded Japan’s Inpex 10% stakes in its Lower Zakum oil field for $600 million, offshore UAE.
Abu Dhabi National Oil Company (ADNOC) has granted part of its offshore concessions to Cia Espanola de Petroleos SA (CEPSA) for $1.5 billion.
The Abu Dhabi National Oil Company (ADNOC) awarded two Front End Engineering Design (FEED) contracts for its offshore mega natural gas planned project, located in the Hail, Ghasha, and Dalma fields in the United A ...
Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.
The Abu Dhabi National Oil Company (ADNOC) is considering changes to its pricing mechanism.