Post Archive by Day: January 12, 2019

Eni expands its presence in UAE acquiring a majority stake in two of Abu Dhabi’s offshore exploration concessions

12/01/2019 Eni acquired a 70% stake two exploration areas offshore Abu Dhabi, a new important step towards Eni’s expansion in one of the world leading region for the oil and gas industry. The first blocks to be awarded following Abu Dhabi’s first-ever open block licensing aimed to unlock value from its substantial hydrocarbon resources  Abu Dhabi (UAE), 12 January 2019

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ADNOC Awards Eni and PTTEP Consortium Two Offshore Exploration Blocks following Abu Dhabi’s First-Ever Competitive Open Block Licensing Round

12 January, 2019 Abu Dhabi, UAE – January 12, 2019: The Abu Dhabi National Oil Company (ADNOC) announced, today, the signing of two historic agreements, awarding two offshore blocks to a consortium led by Italy’s multinational energy company, Eni, and Thailand’s PTT Exploration and Production Public Company Limited (PTTEP), following a competitive bid round. The two blocks in the northwest

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Balancing Focus on Efficiency while Preparing for Long-Term Demand Requires Calibrated Response from Oil and Gas Industry

12 January, 2019 Abu Dhabi, UAE – January 12, 2019: A relentless focus on operational efficiency, while balancing market conditions with long-term future growth, requires a careful, calibrated and agile response from the oil and gas industry, according to H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC).

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