UAE announces new gas discovery in Offshore Block 2-Xinhua

UAE announces new gas discovery in Offshore Block 2

Source: Xinhua

Editor: huaxia

2022-07-30 03:11:45

ABU DHABI, July 29 (Xinhua) -- The United Arab Emirates (UAE) announced on Friday the second natural gas discovery in Abu Dhabi's Offshore Block 2 Exploration Concession.

The new discovery "indicates 1-1.5 trillion standard cubic feet (TSCF) of raw gas in place" in a deeper area in the first exploration well of Offshore Block 2, bringing the total amount of gas in this single well to 2.5-3.5 TSCF, the state-owned Abu Dhabi National Oil Company (ADNOC) said in a statement.

A consortium, led by Italian oil and gas firm Eni and Thailand-based PTT Exploration and Production, won the exploration rights for Offshore Block 2 in 2019.

Earlier this year, ADNOC announced the discovery of approximately 100 million barrels of oil in place in Abu Dhabi's Onshore Block.