Total to pay ADNOC $1.45bn to join Abu Dhabi offshore concessions
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 two new offshore blocks in Abu Dhabi. As per the agreements signed by the parties, the French oil and gas giant has secured a stake of 20% in the Umm […]