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Eni strengthens its presence in the Emirate of Ras Al Khaimah through the award of Onshore Block 7
édité le 20/04/2021 - Plus de news de ENI - Voir la fiche entreprise de ENI
Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah.
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Eni signed an exploration and production sharing agreement for Block 7, which spans an area of 430 sq km in Ras Al Khaimah, it said. The company will act as operator of the block with 90% participating interest and RAK Gas holding the remainder. The presence of the existing gas processing facilities in the emirate [of Ras Al Khaimah] would also allow a rapid development of any discoveries, the statement said.
Eni already operates in Ras Al Khaimah one of seven emirates that make up the UAE federation in Offshore Block A where preparations for drilling operations have started, it added.
UAE: Eni strengthens its presence in the Emirate of Ras Al Khaimah through the award of Onshore Block 7
19 Apr 2021
Block 7 located in the onshore of
Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah.
Block 7 covers an area of 430 km2 onshore Ras Al Khaimah.
Eni RAK will act as Operator of the Block with a 90% participating interest and
Adnoc awards Japan’s Cosmo offshore exploration block
ABU DHABI, February 11, 2021 The Abu Dhabi National Oil Company (Adnoc) has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya, a wholly-owned subsidiary of Japan’s Cosmo Energy Holdings. The award has been approved by Abu Dhabi’s newly formed Supreme Council for Financial and Economic Affairs (SCFEA) and marks the first of such awards endorsed by the SCFEA. The award of Offshore Block 4 follows the recent exploration block awards to Occidental as well as a consortium led by Italy’s Eni and Thailand’s PTTEP, highlighting Adnoc’s ability to continually deliver value in Abu Dhabi’s second competitive block bid round and leverage its strategic partnerships to accelerate the exploration and development of Abu Dhabi’s hydrocarbon resources.
ADNOC Awards Cosmo Offshore Exploration Block in Abu Dhabis Second Competitive Block Bid Round
édité le 11/02/2021 - Plus de news de ADNOC - Voir la fiche entreprise de ADNOC
The Abu Dhabi National Oil Company (ADNOC) announced, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabis Offshore Block 4 to Cosmo E&P Albahriya Limited, a wholly-owned subsidiary of Japans Cosmo Energy Holdings Co., Ltd. (Cosmo). The award has been approved by Abu Dhabis newly formed Supreme Council for Financial and Economic Affairs (SCFEA) and marks the first of such awards endorsed by the SCFEA.