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ADNOC signs key concession agreements with CNPC category
March 22, 2018

ADNOC signs key concession agreements with CNPC

China National Petroleum Corporation (CNPC) has entered into an agreement with ADNOC following which it has been awarded stakes in two of Abu Dhabi’s offshore concession areas-10% interest in the Umm Shaif and Nasr concession and a 10% interest in the Lower Zakum concession. ADNOC Group CEO believes that CNPC’s engagement would maximise the returns and strengthen the global energy markets’ confidence in ADNOC’s 2030 growth strategy.

   Read More About : ADNOC Asia China CNPC ENI Middle East Offshore
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