BP will offer up development concessions while ADNOC will provide cash for growth opportunities. ADNOC and BP are forming an Egyptian joint venture that will combine several development concessions in […]
ADNOC, BP Form Egyptian Gas Joint Venture Read More »
The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore. The new $6-billion BP-operated Azeri Central East (ACE) platform has produced first oil
BP Reports First Oil From ACE Platform Offshore Azerbaijan Read More »
The national oil company credits lean operating practices and AI for making the three-well, 45,000 B/D project economically viable. The Abu Dhabi National Oil Company (ADNOC) said it achieved first
ADNOC Flows First Oil From Marginal Belbazem Offshore Block Read More »
The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola. Italy’s Eni and Ithaca Energy, the North
