ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
Read More »Qatar Offers Gas to UAE at Very Competitive Terms
Since the blockade. Qatar has re-strategized its supply chain through imports from Oman. Turkey. Iran. India and China.
Read More »Total Oil Deal Strengthens UAE-France Ties
France has a military base in Abu Dhabi and is a major seller of arms to the UAE.
Read More »Total wins Adnoc`s Offshore Concession for Dh5.3b
French Energy Company awarded a 20% stake in the Umm Shaif and Nasr concession. 5% interest in the Lower Zakum concession.
Read More »UAE Insists on Construction of Pipeline in Iran
Iran could receive transit fee from the passage of this pipeline from Turkmenistan towards the United Arab Emirates (UAE).
Read More »Inpex Wins 10 Percent Oil Stake in Abu Dhabi Oil Field
The Japanese company is the first of the partners in the present offshore concession to renew its holding in the deposits.
Read More »OPEC Member Hopes for Prolong Alliance with Russia
OPEC-led alliance can help avoid future oil gluts. shortages.
Read More »UAE Remains Committed to Oil Output Cut Deal
Compliance to the Declaration of Cooperation announced during the OPEC Ministerial meeting on November 30. 2017.
Read More »UAE and India Ink Oil Agreement
The Indian consortium contributed a participation fee of around $599 to enter concession.
Read More »
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