Wintershall acquires stake in the largest gas and condensate fields yet to be developed in the United Arab Emirates

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Wintershall acquires stake in the largest gas and condensate fields yet to be developed in the United Arab Emirates

 Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a ten percent stake in the Ghasha Concession alongside the Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates:
 
• Close partnership with ADNOC: 40 years term concession
• Investments running into the billions in the growth region in the Arabian Gulf

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