Offshore Block 2 is a conventional gas development located in shallow water in the UAE and is operated by Eni Abu Dhabi. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Offshore Block 2 was discovered in 2022, lies in block Offshore 2, with water depth of around 115 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2025. The development cost is expected to be $2,186 m.
Field participation details
The field is owned by Eni and PTT Public.
Production from Offshore Block 2
Production from the Offshore Block 2 conventional gas development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2102.
For more details on the Offshore Block 2 Conventional Gas Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.