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.The partners did not release the expected project cost, saying only they would “jointly share” any investments in developing sour gas reservoirs within the onshore Shah field.“Completion of final joint venture agreements is expected by year-end,” ADNOC and Conoco said in a statement. The sour gas deal is one of the largest upstream projects in the past year open to international companies competing for limited access to the Middle East’s oil and gas fields. Exxon Mobil and Royal Dutch Shell were also bidding for the project, which will process one billion cubic feet of gas per day and produce 570 million cubic feet of network gas.
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