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Emirates News Agency - UAE, Japan strengthen economic, energy, industrial cooperation to drive low carbon growth opportunities

ABU DHABI, 7th June, 2022 (WAM) Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change, has held series of high-level meetings with senior Japanese government and business leaders, to strengthen economic, energy and industrial cooperation between the UAE and Japan and drive low carbon growth opportunities.

The meetings also focused on the UAE's preparations to host COP28 (28th Session of the Conference of the Parties) in 2023 and new opportunities for strategic cooperation between the. ....

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Adnoc awards Japan's Cosmo offshore exploration block


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. ....

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- ADNOC Awards Cosmo Offshore Exploration...


ADNOC Awards Cosmo Offshore Exploration Block in Abu Dhabi’s 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 Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Limited, a wholly-owned subsidiary of Japan’s Cosmo Energy Holdings Co., Ltd. (Cosmo). 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. ....

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Adnoc awards offshore block rights to Japan's Cosmo


Cosmo was selected after a very competitive bid round. They bring expertise and understanding of our offshore environment, technology, and market access, said Dr Sultan Al Jaber, group chief executive at Adnoc and minister of industry and advanced technology.
The agreement with Cosmo, a longstanding player in Abu Dhabi s oil and gas industry, is built on the strategic bilateral relationship between the UAE and its biggest importer of energy products.
Japan first imported oil from the UAE in the early sixties, when crude from the Umm Shaif offshore field was delivered to the country. The world s third-largest economy imports 30 per cent of its crude from the UAE. ....

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