ADNOC Awards $744 Million Contract for Full Field Development of the Belbazem Offshore Block
édité le 25/05/2021 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC"
The Abu Dhabi National Oil Company (ADNOC) announced, the award of a $744 million (AED2.73 billion) contract for the full field development of the Belbazem Offshore Block, underscoring its drive to unlock and maximize value from all of Abu Dhabis fields as it expands its oil production capacity to 5 million barrels per day (mmbpd) by 2030. Located 120 kilometers northwest of Abu Dhabi city, the Belbazem Block consists of three so-called marginal offshore fields; Belbazem, Umm Al Salsal, and Umm Al Dholou.