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Adnoc, OMV, Wintershall ink agreement.

Summary: The Abu Dhabi National Oil Company, or Adnoc, Wintershall Middle East GmbH-Abu Dhabi, or Wintershall, and OMV Abu Dhabi E&P GmbH, or OMV, signed a technical evaluation agreement on Thursday.

The Abu Dhabi National Oil Company, or Adnoc, Wintershall Middle East GmbH-Abu Dhabi, or Wintershall, and OMV Abu Dhabi E&P GmbH, or OMV, signed a technical evaluation agreement on Thursday.

The agreement aimed at appraising the sour gas and condensate field in Shuwaihat, located some 25 km to the West of Ruwais in the Western Region of Abu Dhabi.

In a Press statement Adnoc said that the operator Wintershall will conduct the appraisal phase with OMV as an equal partner by drilling up to three appraisal wells and acquiring 3D- seismic over the field. In the case of a successful appraisal campaign, Adnoc will participate in the development and production pages of the Shuwaihat field. To optimise the appraisal and a future development of the Shuwaihat sour gas and condensate field, Wintershall and OMV will employ advanced technologies.

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Geographic Code:7UNIT
Date:Jun 21, 2012
Words:186
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