Page 8 - Offshore Block News Today

Silvia Recchimuzzi, Reuters Your browser does not support the audio element. United Arab Emirates’ Abu Dhabi National Oil Co. (ADNOC) has awarded Italian energy group Eni and Thailand’s PTT Exploration and Production (PTTEP) the license to explore Offshore Block 3, the companies said in separate statements on Dec. 21. ADNOC said the consortium, of which Eni will hold 70% and PTTEP 30%, will invest up to $412 million during the exploration phase. The concession expires in 35 years if the ex...

Partager : Eni expands its presence in UAE with the award of a majority stake and operatorship in Offshore Block 3, one of Abu Dhabi’s largest offshore exploration concessions édité le 21/12/2020 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI" Eni signed a Concession Agreement for the acquisition of a 70% stake in the Exploration Offshore Block 3, leading a consortium including a wholly owned subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP)...

Adnoc awards exploration rights for Offshore Block 3 to a consortium 21 Dec 2020 Officials during the virtual meeting. The Abu Dhabi National Oil Company (Adnoc) announced on Monday the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi B.V., a wholly-owned subsidiary of Italy’s multinational energy company, and PTTEP MENA Ltd., a wholly-owned subsidiary of Thailand...

Eni, PTTEP consortium wins Adnoc offshore exploration deal ABU DHABI, December 21, 2020 The Abu Dhabi National Oil Company (Adnoc) has signed an agreement, awarding the exploration rights for the emirate’s offshore block 3 to a consortium led by Eni Abu Dhabi, a wholly-owned subsidiary of Italy’s multinational energy company, and PTTEP Mena, a wholly-owned subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP).   The block 3 covers an offshore area of 1...

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SHARE Abu Dhabi National Oil Company (Adnoc) awarded exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by subsidiaries of Italys Eni and Thailands PTT Exploration and Production Public Company (PTTEP). Eni will operate the exploration phase of the concession but PTTEP and Eni will collectively hold a 100 per cent stake in the exploration phase. They will invest up to Dh1.51 billion ($412 million) towards exploration and appraisal drilling, including a participation fee, ...

PTTEP and its partner win a new offshore exploration block in UAE Bangkok, December 21, 2020 - PTTEP together with its strategic partner Eni are once again awarded a new exploration block - Offshore Block 3, the largest offshore exploration block opened in 2019 for the concession bidding in the United Arab Emirates (UAE). This investment expansion provides PTTEP more opportunity to strengthen its investment portfolio in the Middle East. Mr. Phongsthorn Thavisin, Chief Executive Officer of PTT E...

ADNOC has signed an exploration concession agreement with a consortium led by Eni and PTTEP. The Abu Dhabi National Oil Company (ADNOC) revealed Monday that it has signed an exploration concession agreement with a consortium led by Eni Abu Dhabi B.V., a wholly-owned subsidiary of Eni (NYSE: E), and PTTEP MENA Ltd., a wholly-owned subsidiary of PTT Exploration and Production Public Company Limited (BKK: PTTEP). The deal, which has been approved by Abu Dhabi’s Supreme Petroleum Council (SPC), a...

Premium Content UAE Cements US, Israel Alliance With This Huge Oil Deal By Simon Watkins - Dec 15, 2020, 4:00 PM CST The Abu Dhabi National Oil Co (ADNOC) - the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across the region via the recent ‘normalisation deals’ between Israel and the UAE and Bahrain –– last week further cemented this alliance with the award of a second major oil and gas exploration bloc...