Client: ADNOC Upstream

ADNOC First Exploration Licensing Round

Task

Deliver attractive bids on 6 massive onshore and offshore exploration blocks in 9 months.

Needs

ADNOC needed lead advisor to PM their first international bid round

Actions

Established multi-disciplinary plan for delivery of full project;

Organised and delivered “Roadshows” in Abu Dhabi and Houston;

Agreed fiscal terms with Supreme Petroleum Council;

Scoped and prepared commercial agreements with ADNOC legal and external counsel;

Supervised the evaluation of hydrocarbon prospects and leads across entire acreage;

Constructed a complete economic model for the bid round negotiations.

Results

$600 m+

OF WORK COMMITMENTS

5/6

BLOCKS AWARDED

PROJECT COMPLETED ON SCHEDULE

NEW INTERNATIONAL PLAYERS INVOLVED IN ABU DHABI