CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many Indian oil companies received the ADNOC award?
A
4
B
2
C
3
D
5
Explanation: 

Detailed explanation-1: -Abu Dhabi National Oil Company awarded exploration rights to a consortium of two Indian companies for Dh626 million for an onshore block, as part of its first licensing round.

Detailed explanation-2: -ADNOC has 16 subsidiary companies in upstream, midstream, and downstream stages of production. ADNOC develops both onshore and offshore gas fields. The company operates two oil refineries, Ruwais and Umm Al Nar.

Detailed explanation-3: -As a part of India’s comprehensive strategic partnership with the UAE, OVL, IOCL, and Bharat Petroleum Corp. Ltd subsidiary BPRL have a 10% stake in the producing offshore Lower Zakum oil field.

Detailed explanation-4: -ADNOC: National Oil Company in United Arab Emirates, Middle East. Abu Dhabi National Oil Company (ADNOC) is a National Oil Company located in Abu Dhabi United Arab Emirates, Middle East. , SWFI has 1 subsidiaries, 8 personal contacts available for CSV Export.

Detailed explanation-5: -Founded in 1971, ADNOC is a leading diversified energy group, wholly owned by the Abu Dhabi Government. Our network of fully-integrated businesses operate across the energy value chain, helping us to responsibly meet the demands of an ever-changing energy market.

There is 1 question to complete.