ADNOC to decide on partners for New Offshore Oil Concession Contracts

The Abu Dhabi National Oil Company (ADNOC) has announced it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine Operating Company (ADMA-OPCO) that expires next March. The potential partners are a mix of existing concession holders in ADNOC’s offshore fields and new participants.

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