Wintershall will be the operator under the deal with state-owned Abu Dhabi National Oil Company (Adnoc).
Work involves drilling up to three appraisal wells and acquiring 3D seismic over the field. In the case of a successful appraisal campaign, Adnoc will participate in the development and production phase. OMV’s boss Gerhard Roiss said: “The signing of our first upstream joint venture in Abu Dhabi underlines our exploration and production strategy in the Middle East, and strengthens relations with the United Arab Emirates and Adnoc”.
The
