03 February 2019, News Wires — Abu Dhabi National Oil Co. (ADNOC) said on Saturday it awarded the U.S.-based Occidental Petroleum an onshore block, known as Onshore Block 3.
Occidental will have a 35-year concession and invest $244 million during the exploration phase of the block, which covers an area of 5,782 square kilometres in al-Dhafrah region in the emirate of Abu Dhabi.
– Reuters
