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ADNOC

The Haliba oil field in Abu Dhabi started production, with plans to boost output to 40,000 B/D by the end of 2019, according to ADNOC and Korea National Oil Corporation (KNOC). The onshore field is 60% owned by ADNOC, 30% by KNOC, and 10% by South Korea’s GS Energy. Their joint venture, Al Dhafra Petroleum, started an extensive appraisal program in Haliba that enabled it to discover 1.1 billion bbl of original oil in place.


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