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ADNOC & Shell Form JV for $10bn Bab Sour Gas Project

Source: www.gulfoilandgas.com 4/30/2013, Location: Middle East

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Abu Dhabi National Oil Co (ADNOC) has awarded Shell a contract exceeding $10bn to develop the Bab sour gas project. ADNOC holds 60% interest in the joint venture and Shell holds the remaining 40%.

The Bab field is located about 150 kilometres Southwest of Abu Dhabi. Bab's gas has a hydrogen sulphide content of around 15% making it tougher to produce than conventional gas reserves. The Bab sour gas project is expected to have a sour gas, which will be processed to a smaller amount of gas and associated sulphur.

The Bab sour gas project gives Shell an opportunity to apply its gas treatment technologies and experience in desulphurization processes.

For more information about Bab Sour Gas Project and Key Players visit GCC Oil and Gas Projects >>

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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