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ID - Inpex and India group acquire blocks onshore Abu Dhabi - March 2019

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Abu Dhabi’s first-ever licensing round concluded with the award of onshore blocks to Japan’s Inpex and a consortium of two Indian companies, Indian Oil Corp. and Bharat Petroleum Corp. The bid round, launched last April, saw five of the six blocks tendered (four onshore and two offshore) awarded to Eni, Thailand’s PTTEP, Occidental Petroleum, and now concluding with the awards to Inpex and the Indian consortium. Inpex was awarded exploration rights for Onshore Block 4, where it will hold an operated 100% WI in the exploration phase, investing......
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