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
Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Insider: Oil and gas sector in fear of hackers as cyber attacks surge 179%

Experts have put the vital industry on high alert as the threat...

Saudi Arabia adds to oil power with new refineries

Saudi Arabia adds to oil power with new refineries

Two state-of-the-art plants set to redefine Gulf kingdom's role...

Focus: How low can the oil price fall?

Focus: How low can the oil price fall?

The startling fall in the oil price has renewed questions about...

Most Popular
Most Discussed