ADNOC, Petronas sign historic agreement for unconventional oil block
ADNOC and Malaysian giant Petronas have signed a landmark agreement for Abu Dhabi’s first-ever onshore unconventional oil block covering a 2000-square kilometre concession area in the Al Dhafra region. “Petronas will hold 100% equity and operatorship to explore and appraise unconventional oil in the concession area for a period up to six years,” Petronas said … Continue reading ADNOC, Petronas sign historic agreement for unconventional oil block
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