OMV’s CEO Rainer Seele was in Abu Dhabi this week to sign on the dotted line for a 5% stake at Adnoc’s Ghasha sour gas concession. The Austrian firm – 24.9% owned by Abu Dhabi through state investment fund Mubadala – joins Eni (25%) and Germany’s Wintershall (10%) at the project alongside Adnoc with its customary 60% (MEES, 30 November).

The concession aims to produce 1.6bn cfd of raw gas from three offshore fields – Ghasha, Hail and Dalma – but...