UAE Development | Abu Dhabi to start reaping the rewards from its 2018 and 2019 bid rounds
January 27, 2025
In April 2018, ADNOC launched the first competitive bid round for new oil and gas licenses in the emirates’ history, followed by a second round that was announced in May 2019.
In this report, we discuss the development plans for each license, and key challenges, alongside the rare entry opportunities to the UAE that these developments may provide.