CNPC, through PetroChina, has teamed up with Eni (10%) + Total (20%) with 10% in the Umm Shaif - Nasr permit for USD 575 MM. It also bagged 10% in the Lower Zakum concession (USD 600 MM), joining Inpex (10%), Eni (5%) and Total (5%) and an Indian group (10%).Â  This in principle brings the partiesâ total % to 100 (10% had still been available until today), Adnoc retaining the balance. It is recalled that CNPC also has 8% in Adnocâs onshore concession since last year, and 40% in Adnocâs Al Yasat lease. Map below courtesy Total.
UAE, not found