OMV has signed with ADNOC for a 5% interest over 40 years in the offshore Gasha concession comprising the Hail, Ghasha and Dalma ultra-sour gas-cond devt projects as well as the Nasr, SARB and Mubarraz fields. ADNOCâs planning foresees a startup in the middle of the next decade, fields plateauâing at min. 1.5 Bcuft/d + 120,000 boe/d oil + condensate (gross). Partnership now ADNOC 60%, Eni 25%, Wintershall 10%, OMV 5%, interests now final. Full story + map from GEPS.
OMV has taken a minority stake (5%) at the Ghasha sour gas concession, joining Adnoc (60% op. Eni 25%, Wintershall 10%).