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Oil offshore concession

ONGC acquires 10% stake in UAE's oil offshore concession

ONGC acquires 10% stake in UAE's oil offshore concession

Sat, Feb 10, 2018

The concession will be for 40 years from 2018 to 2057. Sixty per cent of the participating interest will be retained by ADNOC and remaining 30 per cent will be awarded to other international oil companies.

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