JPT Total, ADNOC To Explore for Unconventional Gas in Abu Dhabi

Matt Zborowski, Technology Writer 

Patrick Pouyanne, Total chairman and chief executive officer, and Sultan Ahmed Al Jaber, ADNOC Group chief executive officer, signed the agreement 11 November. French major Total and UAE state-owned Abu Dhabi National Oil Company (ADNOC) will jointly explore for gas on the 6000-km2 Ruwais Diyab Unconventional Gas Concession. Total has been granted a 40% stake in the concession along with operatorship, with ADNOC retaining 60%. The agreement calls for a 6-to-7-year exploration and appraisal phase followed by a 40-year development and production period. If exploration is successful, the companies plan for a staged development depending on UAE gas demand and export opportunities.