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Italy's Eni, Thailand's PTTEP Win Offshore Exploration License in UAE - Vimarsana News

Italy's Eni, Thailand's PTTEP Win Offshore Exploration License in UAE

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 exploration phase, which can last for up to nine years, is successful.

- Eni expands its presence in UAE with... - Vimarsana News

- Eni expands its presence in UAE with...

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) with the remaining 30% stake. Offshore Block 3, located in the north-west offshore of the Abu Dhabi...

Adnoc awards exploration rights for Offshore Block 3 to a consortium - Vimarsana News

Adnoc awards exploration rights for Offshore Block 3 to a consortium

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’s PTT Exploration and Production Public Company Limited (PTTEP). The award has been approved by A...

Eni, PTTEP consortium wins Adnoc offshore exploration deal - Vimarsana News

Eni, PTTEP consortium wins Adnoc offshore exploration deal

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 11,660 sq km northwest of Abu Dhabi city. New 3D seismic data has been acquired for a part of the blo...

ENI, PTTEP secures ADNOC's exploration rights for Abu Dhabi Offshore Block 3 - Vimarsana News

ENI, PTTEP secures ADNOC's exploration rights for Abu Dhabi Offshore Block 3

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Source: zawya.com