Abu Dhabi’s first ever licensing round is aimed at further broadening its partner base after successfully bringing six new IOCs into its upstream sector in recent years.

Abu Dhabi launched its first ever exploration licensing round on 10 April, confirming that six blocks are on offer. The offering consists of four onshore blocks and two offshore blocks. The move is the latest in a series of major shakeups implemented by Adnoc CEO Sultan al-Jaber since his appointment in February 2016...