We are an emerging upstream company in ADNOC with a mandate to stay focused on exploring the UAE’s undeveloped oil and gas potential. We are unlocking immediate value from marginal oil fields by using innovative production techniques and an agile operating model, enabling us to deliver on ADNOC’s 2030 smart growth strategy by driving a more profitable upstream business.
Established in 2014, we are a joint venture between ADNOC (60%), the Korean National Oil Corporation, and the Korean National Oil Consortium (40%) made up of the Korean National Oil Corporation and GS Energy. This partnership reinforces the strategic economic relationship between the UAE and the Republic of Korea.
Our concession is located in an environmentally sensitive area that serves as the habitat for the Arabian Oryx, as well as other protected species and several archaeological sites. We continue to demonstrate our commitment to environmental stewardship while running our operations.