OGJ Newsletter

LLOG Exploration reports deepwater gulf discovery

ADNOC awards two offshore exploration blocks to Eni, PTTEP consortium
HOUSTON, Jan. 14
By OGJ editors

Abu Dhabi National Oil Co. (ADNOC) has awarded two offshore blocks to a consortium led by Italy’s Eni SPA and Thailand’s PTT Exploration & Production PCL following a competitive bid round.

The two blocks in the northwest of Abu Dhabi—Offshore 1 and Offshore 2—are the first to be awarded among the geographical areas that were offered for commercial bidding by ADNOC in April 2018 as part of Abu Dhabi’s first competitive open block licensing strategy (OGJ Online, Apr. 10, 2018).