The Abu Dhabi National Oil Company announced significant natural gas resources of up to 2 trillion standard cubic feet offshore of the emirate of Abu Dhabi.
Report informs, citing foreign media, that interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Italy’s Eni, indicate presence of between 1.5 to 2 trillion scf raw gas, Adnoc said in a statement on Thursday.
This is the first discovery from Abu Dhabi’s offshore exploration concessions, the company said.
A consortium led by Eni and PTT Exploration and Production Public Company Limited (PTTEP) were awarded the exploration rights for the Offshore Block 2 in 2019 as part of Abu Dhabi’s debut competitive block bid round.