UAE - Emirates Risk Management Report: Adnoc choses Shell as partner in $10bn Bab sour gas fields JV
Risk Management
Issue 948
- 07 Jun 2013
| 1 minute read
The Abu Dhabi National Oil Company (Adnoc) announced on 30 April that it had chosen Royal Dutch Shell as partner in a 30-year joint venture (JV) to develop the Bab sour gas fields in Abu Dhabi, whose value is estimated at around $10bn. Shell will hold a 40% stake in the JV, with Adnoc holding the remainder.
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