OMV, ADNOC to explore eastern Abu Dhabi

Abu Dhabi National Oil Co. and OMV East Abu Dhabi Exploration GMBH will explore for hydrocarbons onshore in eastern Abu Dhabi opposite northern Oman.

The 4-year pact, signed June 23, calls for seismic acquisition and the drilling of exploratory wells. If the campaign is successful, the two companies will jointly develop the potential discoveries in accordance with Abu Dhabi laws.

OMV said the undertaking is a strategic supplement to its participation in the Shuwaihat field appraisal project signed in 2012. Together, the projects should provide a shorter and longer term contribution to Abu Dhabi’s plan to increase production and reserves, OMV added.

Discovery and development of oil and gas-condensate fields in Abu Dhabi’s eastern region would “help to cover the increasing energy demand of the United Arab Emirates and the country’s long-term export capability,” OMV said.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected