Bid & Tender
Adnoc and ConocoPhillips join hands to pump gas from Shah Field.

Date : Not Given

The Abu Dhabi National Oil Company .Adnoc. and ConocoPhillips have signed a deal to pump gas from the Shah Field, located in the United Arab Emirates .U.A.E... Adnoc announced about the deal today. The ConocoPhillips was awarded the contract by Adnoc in last February, but it took them more than a year to complete negotiations on the final deal. The project is estimated to cost around $10 billion. It would process around a billion cubic feet per day of sour gas from the Shah Field. The joint venture will be owned 60% by Adnoc and 40% by ConocoPhillips.