Wintershall Dea, a prominent German oil and gas firm, has completed the divestiture of its 10% participating interest in Abu Dhabi’s Ghasha concession to PTT Exploration and Production Public Company Limited (PTTEP), a major player in Thailand’s energy sector. The terms of the transaction were not disclosed, but all necessary regulatory approvals have been secured, […]
ADNOC has taken a significant step towards its Net Zero by 2045 ambition by announcing the final investment decision and contract awards for the Hail and Ghasha Offshore Development project. This groundbreaking project is set to operate with net zero carbon dioxide (CO2) emissions, aligning with ADNOC’s commitment to responsible energy production and decarbonization. The […]
Dalma Gas Development Project contracts : The Abu Dhabi National Oil Company (ADNOC) has awarded two construction contracts worth over $1.65 billion for the offshore facilities for the Dalma gas project in the Ghasha ultra-sour gas concession in the UAE. The two engineering, procurement and construction contracts (EPC contracts) were given to Petrofac Emirates and […]