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UAE: Eni strengthens its presence in the Emirate of Ras Al Khaimah through the award of Onshore Block 7 19 Apr 2021 Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah. Block 7 covers an area of 430 km2 onshore Ras Al Khaimah. Eni RAK will act as Operator...

Adnoc awards Japan’s Cosmo offshore exploration block ABU DHABI, February 11, 2021 The Abu Dhabi National Oil Company (Adnoc) has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya, a wholly-owned subsidiary of Japan’s Cosmo Energy Holdings. The award has been approved by Abu Dhabi’s newly formed Supreme Council for Financial and Economic Affairs (SCFEA) and marks the first of such awards endorsed by the SCFEA. The award of Offshore Block 4 follows the recent exploration block awards to Occidental as w...

ADNOC Awards Cosmo Offshore Exploration Block in Abu Dhabi’s Second Competitive Block Bid Round édité le 11/02/2021 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC" The Abu Dhabi National Oil Company (ADNOC) announced, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Limited, a wholly-owned subsidiary of Japan’s Cosmo Energy Holdings Co., Ltd. (Cosmo). The award has been approved by Abu Dhabi’s newly formed Supreme Council for Financial and Economic Affairs (SCFEA) and marks the fir...

Japan's Cosmo Wins UAE Drilling Rights Feb 10, 2021 12:50:pm Summary Cosmo is the latest foreign investor to secure a concession in the UAE's latest bidding round, which kicked off in May 2019. by: Joe Murphy Posted in: Japan's Cosmo Wins UAE Drilling Rights Japanese oil firm Cosmo has won an exploration concession for the Offshore Block 4 off the UAE, Abu Dhabi's national oil company Adnoc reported on February 10. Cosmo will have a 100% share of the project during the exploration phase, spending up to $145mn on drilling and a participation fee. If a commercial dis...

Cosmo will invest as much as $145 million in the exploration phase at Offshore Block 4, government-owned ADNOC said Wednesday in a statement. Abu Dhabi holds most of the oil in the United Arab Emirates, the third-largest producer in OPEC.