Austrian firm inks deal for Abu Dhabi oil exploration

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!

All comments are subject to approval before appearing

Further reading

Features & Analysis
New Saudi energy minister shows he takes OPEC seriously

New Saudi energy minister shows he takes OPEC seriously

Khalid al-Falih turns up in Vienna, three days before the Organisation...

Cartel or talking shop? OPEC awaits Saudi ruling

Cartel or talking shop? OPEC awaits Saudi ruling

Unlike his predecessor Ali al-Naimi, new Saudi energy minister...

Iran-Saudi row threatens any OPEC deal, puts role in question

Iran-Saudi row threatens any OPEC deal, puts role in question

Less than six months after the lifting of Western sanctions,...

Most Discussed
sponsoredTracking