Occidental Petroleum Corp. will invest $244 million, including a participation fee, in exploration of onshore Block 3 in Abu Dhabi. Abu Dhabi National Oil Co. awarded the 5,782-sq-km block as part of its competitive bidding round launched in April 2018. The block is in the Al Dhafra region near Shah, Asab, Haliba, and Sahl fields.

Source: News