The group announced that it has signed an agreement with Abu Dhabi and Occidental Petroleum over several undeveloped oil & gas fields in North West Offshore Abu Dhabi including the Ghasha and Hail area. The agreement includes a four-year seismic, drilling and engineering work programme for exploration, appraisal and potential field development.

22 Mar 2016
Agreement in Abu Dhabi: an option for growth

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Agreement in Abu Dhabi: an option for growth
OMV AG (OMV:WBO) | 0 0 1.2% | Mkt Cap: 15,591m
- Published:
22 Mar 2016 -
Author:
Alexandre Andlauer -
Pages:
2 -
The group announced that it has signed an agreement with Abu Dhabi and Occidental Petroleum over several undeveloped oil & gas fields in North West Offshore Abu Dhabi including the Ghasha and Hail area. The agreement includes a four-year seismic, drilling and engineering work programme for exploration, appraisal and potential field development.