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Austria’s OMV AG said it signed a technical evaluation agreement with Abu Dhabi National Oil Co. (ADNOC) and Occidental Petroleum Corp. for several undeveloped oil and gas fields in northwest offshore Abu Dhabi (OGJ Online, Sept. 23, 2015).

The 4-year program involves seismic, drilling, and engineering for exploration, appraisal, and potential field developments, including the Ghasha and Hail areas (OGJ Online, Feb. 11, 2011).

OMV said the agreement intensifies its strategic partnership with ADNOC alongside existing participation in the appraisal of Shuwaihat sour gas field and its east Abu Dhabi exploration activities (OGJ Online, June 24, 2013).

Tag(s) : #Oil and Gas News
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