Wintershall Gains 10% Stake in Ghasha Gas Project

Monday, November 26, 2018

The United Arab Emirates has awarded Wintershall Holding a 10 percent stake in the Ghasha ultra-sour gas mega project, the Abu Dhabi National Oil Co. (ADNOC) said on Monday.

The deal builds on ADNOC's new integrated gas strategy aimed at unlocking value from Abu Dhabi's gas reserves as the country moves towards gas self-sufficiency, it said in a tweet.


(Reporting by Maher Chmaytelli Writing by Maha El Dahan Editing by Louise Heavens)

Categories: Middle East

Related Stories

Energean Pushing for More Oil and Gas Exploration Licenses Off Israel

US Oil Focused on Economics, not 'Drill, Baby, Drill' - Exxon Mobil Exec

Shelf Drilling’s Jack-Up Gets Suspension Notice for Ops in Saudi Arabia

Current News

A-O-S Welcomes Its Third CTV for Offshore Wind Market

CIP Inks PPA for 500MW Taiwanese Offshore Wind Project

Lime Petroleum Strengthens Its Norwegian Oil and Gas Portfolio

Red7Marine Assists N-Sea with OW Export Cable Repair in Irish sea

Subscribe for OE Digital E‑News