Arab Today, arab today adnoc and total sign new adco concession agreement
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

ADNOC and Total sign New ADCO Concession Agreement

Arab Today, arab today

Arab Today, arab today ADNOC and Total sign New ADCO Concession Agreement

Abu Dhabi National Oil Company
Dubai - WAM

The Abu Dhabi National Oil Company, ADNOC, and Total yesterday signed the new 40-year ADCO Concession Agreement for the ADCO onshore oil fields in the Emirate of Abu Dhabi.
In its press statement received by the Emirates News Agency, WAM, ADNOC said that by this agreement, Total, which presented the best technical and commercial offers, receives a 10% participating interest in the new concession and is appointed Asset Leader for the South East and Bu Hasa integrated Asset Groups, with effect from 1st January 2015, while additional companies will be added soon.
Abu Dhabi Company for Onshore Petroleum Operations Limited (ADCO) will continue to operate the integrated asset groups of Bab, Bu Hasa, South East (Sahil, Asab, Shah, Qusahwira, Mender) and Northeast Bab (Al Dabb'iya, Rumaitha, Shanayel).
ADCO plans to reach 1.8 million barrels a day production in 2017.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adnoc and total sign new adco concession agreement Arab Today, arab today adnoc and total sign new adco concession agreement

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adnoc and total sign new adco concession agreement Arab Today, arab today adnoc and total sign new adco concession agreement

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday