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ABU DHABI, 3rd February, 2022 (WAM) -- The Abu Dhabi National Oil Company (ADNOC) announced today th

Bahrain’s Noga drills first exploration oil well in Block 1 MANAMA, 6 hours, 41 minutes ago The National Oil and Gas Authority (Noga) has commenced drilling of the first exploratory well in Offshore Block 1, an area of over 2,800 sq km in the northern territorial waters of Bahrain with a water depth ranging from 10 metres to 70 metres. This came as part of the Exploration and Production Sharing Agreement signed on May 1, 2019 between the Kingdom, represented by Noga, and the Italian company Eni, reported Bahrain News Agency (BNA). Oil Minister Shaikh Mohamed bin Khalifa Al Khalifa prai...

Tuesday, 22 December, 2020 - 07:30 Abu Dhabi - Asharq Al-Awsat Abu Dhabi National Oil Company (ADNOC) announced on Monday the signing of an exploration concession agreement with a consortium led by Eni Abu Dhabi, a subsidiary of Italy’s energy giant, and PTTEP MENA, a unit of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP). The award has been approved by Abu Dhabi’s Supreme Petroleum Council (SPC). It follows ADNOC’s award earlier this month of an onshore block to Occidental, highlighting how ADN...

Share Its subsidiary, PTTEP MENA Ltd, and Eni Abu Dhabi BV (Eni), a subsidiary of Italy-based oil and gas company Eni, won 2019 bidding for the concession from the state-owned Abu Dhabi National Oil Company (ADNOC). Photo PTTEP UAE’s largest offshore exploration block set for Thailand’s PTTEP, partner Tue, 22 December 2020 Thailand's PTT Exploration and Production (PTTEP) and strategic partner Eni have been awarded the concession for the largest exploration block offered by the UAE. The investment in Offshore Block 3 provides PTTEP with more opportunity to strengthen its investment portfo...

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...