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On the sides of MBZ’s visit to China, UAE’s ADNOC signed an agreement with China National Offshore Oil Co (CNOOC) to explore and develop oil and LNG fields. CNOOC Group’s statement said the companies will share the latest technologies to develop ultra-acidic natural gas fields. The agreement also includes enlisting other Chinese companies to design, construct and provide services for ADNOC oilfields.

New Agreement Between UAE’s ADNOC and China’s CNOOC

On the sides of MBZ’s visit to China, UAE’s ADNOC signed an agreement with China National Offshore Oil Co (CNOOC) to explore and develop oil and LNG fields.

CNOOC Group’s statement said the companies will share the latest technologies to develop ultra-acidic natural gas fields. The agreement also includes enlisting other Chinese companies to design, construct and provide services for ADNOC oilfields.

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