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Eng - News
Wintershall acquires stake in the largest gas and condensate fields yet to be developed in the United Arab Emirates27.11.18 04:43
The Hail, Ghasha, Dalma and other ultra-sour gas and condensate fields such as Nasr, SARB and Mubarraz are located in the Al Dhafra region off the coast of the Emirate of Abu Dhabi.
Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a ten percent stake in the Ghasha Concession alongside the Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates:
• Close partnership with ADNOC: 40 years term concession
• Investments running into the billions in the growth region in the Arabian Gulf
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