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Cosmo awarded exploration concession for Offshore Block 4 and will invest up to $145 million (AED532 million) during the exploration phase Agreement further strengthens ADNOC’s long-standing partnership with Cosmo as well as the UAE-Japan strategic bilateral relationship
Italy’s Eni and Thailand’s PTTEP awarded exploration concession for Offshore Block 3 and will invest up to AED 1.51 billion ($412 million) during the exploration phase