Wintershall joins Ghasha gas project offshore the UAE

Wintershall is acquiring a 10% stake in the Ghasha ultra-sour gas concession offshore Abu Dhabi, joining existing partners ADNOC and Eni.

Nov 28th, 2018
Ghasha ultra-sour gas concession offshore Abu Dhabi
Ghasha ultra-sour gas concession offshore Abu Dhabi

Offshore staff

ABU DHABI, UAE – Wintershall is acquiring a 10% stake in the Ghasha ultra-sour gas concession offshore Abu Dhabi, joining existing partners ADNOC and Eni.

The 40-year concession contains the Hail, Ghasha and Dalma gas/condensate fields in the Arab basin in the Dhafra region, all of which are under development.

ADNOC plans to start production in the mid-2020s with a view to delivering more than 1.5 bcf/d to the UAE’s domestic sector and more than 120,000 b/d of oil/condensate.

During 1Q 2019, the government will likely award the first exploration and production licenses for six offshore and onshore blocks opened earlier this year underAbu Dhabi’s first international bidding round.

11/28/2018

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