
Contract area (block) | Project status | Venture company (established) | Interest owned | Contract type |
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Abu Dhabi Onshore Block | In production | JODCO Onshore Limited (Apr. 15, 2015) |
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Concession Agreement (Until 2054) |
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*Operator: ADNOC Offshore
Project History
April 2015 | INPEX acquires an interest in the concession |
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In April 2015, INPEX acquired a 5 percent interest in the Abu Dhabi Onshore Concession, which contains one of the world's largest deposits of crude oil. Stable production of crude oil is currently ongoing at 11 onshore oil fields, with a combined production capacity of two million barrels per day.
