Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    Canadian legislature laughs after Biden accidentally applauds China

    March 25, 2023

    An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House

    March 24, 2023
    Facebook Twitter Instagram
    • Home
    • Contact Us
    Arab NarrativeArab Narrative
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Arab NarrativeArab Narrative
    Home » ADNOC announces second gas discovery offshore Abu Dhabi
    Business

    ADNOC announces second gas discovery offshore Abu Dhabi

    July 29, 2022
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    As part of Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni, Abu Dhabi National Oil Company (ADNOC) has announced a second gas discovery. Approximately 1 to 1.5 trillion standard cubic feet (TSCF) of raw gas have been located in a newly discovered deeper reservoir. The total amount of gas in place from this well now totals 2.5 – 3.5 TSCF, in addition to the initial finding in February 2022 from a shallower target.

    ADNOC announces second gas discovery offshore Abu DhabiAs part of ADNOC’s first competitive block bid round in 2019, a consortium led by Eni and PTT Exploration and Production Public Company Limited (PTTEP) won exploration rights for Offshore Block 2. These discoveries highlight the importance of ADNOC’s ongoing 3D mega seismic survey, which utilizes state-of-the-art technologies to help identify new hydrocarbon resources throughout Abu Dhabi.

    In addition to the discovery announced previously, other discoveries have also been made within exploration concessions. ADNOC announced in May 2022 that approximately 100 million barrels of oil had been found in Abu Dhabi’s Onshore Block 3, operated by Occidental, and in December 2021 that approximately 1 billion barrels of oil equivalent (BBOE) had been discovered in INPEX/JODCO’s Onshore Block 4 Exploration Concession.

    As part of the Abu Dhabi Government’s first and second competitive block bid rounds, ADNOC offered a set of major onshore and offshore blocks to international companies in 2018 and 2019, respectively. The blocks are estimated to contain multiple billion barrels of oil and multiple trillion cubic feet of natural gas. This is based on existing data from detailed petroleum system studies, seismic surveys, and exploration and appraisal wells.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    A gold price peak may be near – and it may last

    March 23, 2023

    Credit Suisse and UBS are in talks to merge – FT

    March 18, 2023
    Latest News

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    Canadian legislature laughs after Biden accidentally applauds China

    March 25, 2023

    An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House

    March 24, 2023

    Globally, water pollution and sanitation are major problems – UN

    March 23, 2023

    A gold price peak may be near – and it may last

    March 23, 2023

    Meydan Racecourse to host the 27th Dubai World Cup on Saturday

    March 22, 2023

    Ibrahimovic is back with Sweden but is not thinking about Euro 2024

    March 21, 2023

    South Korea opposes North Korean satellite acquisitions

    March 21, 2023
    © 2021 Arab Narrative | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.