reuters.com 08 Nov, 2016
Abu Dhabi National Oil Co (ADNOC) and Occidental Petroleum planned to expand their Al Hosn gas facility, adding 50 percent more processing capacity. The plant could become operational within the life span of ADNOC’s new five-year business plan-part of the company’s ‘2030 Strategy’ – which was recently approved by Abu Dhabi’s Supreme Petroleum Council. ADNOC holds a 60 percent share in the Al Hosn joint venture and Occidental Petroleum 40 percent.