ADNOC | Egypt Oil & Gas - Part 22

ADNOC, Austrian OMV Close $1.5B Offshore Deal

Abu Dhabi National Oil Company (ADNOC) has agreed the sale of two stakes in offshore blocks worth $1.5 billion to Austrian OMV.

ADNOC May Join Saudi Aramco in Downstream Venture

Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia.

ADNOC Launches Bidding for 6 Oil and Gas Blocks

Abu Dhabi National Oil Company (ADNOC) announced on April 10 the launch the company's first ever competitive exploration and production tender for six oil and gas blocks.

ADNOC, Samsung Sign Two Agreements Worth Over $3.5 B

Abu Dhabi National Oil Company (ADNOC) awarded two major contracts worth more than $3.5 billion to Korean Samsung Engineering through ADNOC Refining.

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.

Total Eyes Downstream Projects with ADNOC

Total recently won a deal with ADNOC for two stakes in Umm Shaif and Lower Zakum respectively worth a total of $1.45 billion.

ADNOC, Total Sign $1.45 B Agreement

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.

ADNOC Grants Eni Stakes in UAE Offshore Fields

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.

Adnoc Offers Blocks for Bidding, Moves Toward Downstream

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.

ADNOC Awards Oil Field Stakes to Inpex

Abu Dhabi National Oil Company (ADNOC) has awarded Japan’s Inpex 10% stakes in its Lower Zakum oil field for $600 million, offshore UAE.

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