From the Field
Abu Dhabi launches 2019 bid round
ABU DHABI, May 1, 2019 – Abu Dhabi’s ADNOC announced on Wednesday the launch of the emirate’s second bidding round, covering five oil and gas exploration blocks.
Three offshore and two onshore blocks are on offer, comprising both conventional and unconventional resources.
In keeping with Abu Dhabi’s last bid round – which saw awards made to Eni, Inpex, PTTEP and others – the exploration deals will include the opportunity to participate in a production phase.
The blocks include Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2.