Inpex, through its JODCO Lower Zakum Ltd subsidiary, has been awarded a 10% interest in the offshore Lower Zakum concession, the agreement running 40 years effective 9 Mar â18. Lower Zakum is one of 3 new concession areas carved out by Adnoc from the previous Adma-Opco concession in which Inpex was already involved.  Inpex has also secured an additional 28% interest in the Umm Al Dalkh oilfield, as well as a 25-year extension of the Satah and Umm Al Dalkh concession, boosting its interest to 40% in both fields under Adnoc operatorship.  Lower Zakum is the largest field in the current ADMA offshore concession, and targets 450,000 bo/d. Umm Al Dalkh and Satah target a combined 45,000 bo/d. Targets for the Upper Zakum field and the ADCO Onshore Concession in which Inpex is already involved are resp. 1 MMb/d and 1.8 MM b/d.
Inpex has won a 10% stake in the Lower Zakum concession.