Tag: ADNOC

ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum

Soujanya- February 19, 2019 0

US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company ... Read More

ADNOC to offload 35% stake in ADNOC Refining to Eni and OMV for $5.8bn

Soujanya- February 11, 2019 0

Italy’s Eni and Austria’s OMV, through separate agreements, have agreed to acquire stakes of 20% and 15%, respectively in ADNOC Refining – the refining business ... Read More

Total to pay ADNOC $1.45bn to join Abu Dhabi offshore concessions

businessnewstoday- March 18, 2018 0

Total ADNOC deal : Total has made a AED5.3 billion ($1.45 billion) deal with the Abu Dhabi National Oil Company (ADNOC) to take stakes in ... Read More

Eni buys stake in Abu Dhabi offshore oil and gas fields in UAE for $875m

businessnewstoday- March 12, 2018 0

Eni has signed a couple of concession agreements to acquire a stake of 5% and 10% in the Lower Zakum offshore oil field and the ... Read More

Cepsa buys into Abu Dhabi offshore concession for $1.55bn

businessnewstoday- February 19, 2018 0

Cepsa, a Spanish oil and gas company has picked up a participating stake of 20% in an Abu Dhabi offshore concession SARB and Umm Lulu ... Read More

ONGC Videsh led consortium picks stake in offshore Abu Dhabi oil field

businessnewstoday- February 12, 2018 0

Oil and gas industry news : Three Indian state-controlled oil firms ONGC,  Indian Oil Corporation (IOC) and Bharat Petroleum have acquired a 10% stake in ... Read More