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Home : News : Energy, Oil and Gas : 2009
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Adnoc, Conoco ink $10bn gas deal

  • United Arab Emirates: Saturday, July 11 - 2009 at 09:58

Abu Dhabi National Oil Company (Adnoc) and US energy company ConocoPhillips have inked a final agreement to develop $10bn worth sour gas reserves in the Shah field. The project will be managed and operated under a new company. Adnoc will have 60% interest and a 40% for ConocoPhillips, upon completion of the project.

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Home : News : Energy, Oil and Gas : 2009
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Medilyn ManiboMedilyn Manibo, Assistant News Editor
Saturday, July 11 - 2009 at 09:58 UAE local time (GMT+4)

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