Austrian firm inks deal for Abu Dhabi oil exploration

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Austrian oil and gas group OMV and the Abu Dhabi National Oil Co have signed a joint exploration deal for the onshore region in East Abu Dhabi, OMV said on Monday.

"With this step OMV is on the way to foster its upstream position in the Middle East," OMV Chief Executive Gerhard Roiss said in a statement announcing the four-year agreement.

Related:
Topics
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi Arabia, Kuwait shared zone tensions underlie oilfield closure

Saudi Arabia, Kuwait shared zone tensions underlie oilfield closure

Crude output from jointly-run offshore Khafji oilfield has been...

Petroleum producers shift attention from Middle East: Kemp

Petroleum producers shift attention from Middle East: Kemp

Following four decades of war, sanctions, nationalisation and...

1
Back in business

Back in business

Iran’s tankers are back on the oceans as sanctions on the Islamic...

Most Popular
Most Discussed