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UAE: ADNOC awards Eni and PTTEP consortium the first offshore exploration block in Abu Dhabi’s Second Competitive Block Bid Round 21 Dec 2020 Italy’s Eni and Thailand’s PTTEP awarded exploration concession for Offshore Block 3 and will invest up to AED1.51 billion ($412 million) during the exploration phase  In the event of a commercial discovery, the consortium will have the right to a production concession for a term of up to 35 years  ADNOC continues to leverage and strengthen its strategic partnerships to accelerate the exploration and development of Abu Dhabi’s hydrocarbon reso...

Eni, PTTEP take Abu Dhabi offshore block Eni and Thailand’s PTT Exploration and Production (PTTEP) have won the first offshore block in Abu Dhabi’s second bid round, Adnoc has announced. Adnoc’s CEO Sultan Al Jaber, Eni’s CEO Claudio Descalzi and PTTEP’s CEO Phongsthorn Thavisin Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Eni and Thailand’s PTT Exploration and Production (PTTEP) have won the fi...

Partager : ADNOC Awards Eni and PTTEP Consortium the First Offshore Exploration Block in Abu Dhabi’s Second Competitive Block Bid Round édité le 21/12/2020 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC" H.E. Dr. Al Jaber said: “This concession award reinforces ADNOC and Eni’s growing partnership across our value chain and deepens our relationship with Thailand’s PTTEP, one of the key markets for our crude oil and products. This again validates our targeted approach to value-add partnerships that contribute the right combination of capital, technology, capabilities and ...

PTTEP and its partner win a new offshore exploration block in UAE édité le 21/12/2020 - Plus de news de "PTTEP" - Voir la fiche entreprise de "PTTEP" 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 Exploration and Production Public Company L...

Offshore Block 3 will be explored in alliance with Thailand's PTT The consortium will invest up to Dh1.5 billion on exploration and appraisal of opportunities within Offshore Block 3. Image Credit: ADNOC Abu Dhabi: The exploration rights for Abu Dhabi’s Offshore Block 3 has been awarded to a consortium led by subsidiaries of Italy’s ENI and Thailand’s PTT Exploration and Production Public Company (PTTEP). The awarding - by Abu Dhabi National Oil Company (ADNOC) - has been approved by Abu Dhabi’s Supreme Petroleum Council (SPC), and follows the energy...