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Abu Dhabi’s ADNOC, Malaysia’s Petronas sign unconventional oil concession agreement

UAE President Sheikh Mohamed bin Zayed Al Nahyan and King Al-Sultan Abdullah Sultan Ahmad Shah of Malaysia, witnessed the signing of a historic concession agreement between the two countries. The agreement, signed between Abu Dhabi National Oil Company (ADNOC) and Malaysia’s Petronas, is for Abu Dhabi’s unconventional onshore block 1,…

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