Upper Zakum Offshore Oil Field

Upper Zakum Offshore Oil Field

Project Type
Brownfield
Sector
Oil & gas/Oil - Upstream (Exploration and production)
Project Stage
Start of operations
Region
Middle East
Middle East
Country
United Arab Emirates

Project Overview

Project cost
$10bn
Financial Stage
Financial close

Ownerships

Date: 14 Oct 2020
Company Percentage
Abu Dhabi National Oil Company (ADNOC) 60.00 %
Exxon Mobil 28.00 %
Japan Oil Development Co. Ltd. (JODCO) 12.00 %
Date: 15 Jun 2006
Company Percentage
Abu Dhabi National Oil Company (ADNOC) 72.00 %
Exxon Mobil 28.00 %

Project Deals

Upper Zakum/ Satah and Umm Al-Dalkh Oil Fields - JBIC Direct Loan
$300m
Oct 2020
Project & Infrastructure Finance
Oil - Upstream (Exploration and production)
Middle East
Middle East
United Arab Emirates