trending Market Intelligence /marketintelligence/en/news-insights/trending/eOzTLsmn5z5jejUyVHJlKA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

ADNOC awards exploration rights for onshore block to Indian consortium

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


ADNOC awards exploration rights for onshore block to Indian consortium

The Abu Dhabi National Oil Co. announced it has signed agreements for the award of exploration rights for Abu Dhabi onshore block 1 to a consortium of Indian firms comprised of Bharat Petroleum Corp. Ltd. and Indian Oil Corp. Ltd.

The consortium will hold a 100% stake in the exploration phase and is expected to invest US$170 million, including a participation fee, to explore and appraise oil and gas opportunities in the block.

ADNOC has the option to hold a 60% stake in the production phase.

Onshore block 1, which is largely situated in Ruwais, covers 6,162 square kilometers and includes already discovered but undeveloped conventional oil and gas fields.