Omar Alkaffas

Selected experience

• ADNOC on the acquisition by PTTEP of a 10% participating interest in the Ghasha concession from Wintershall Dea.
• ADNOC on the sale by CEPSA of its entire upstream portfolio of assets in the UAE to TotalEnergies.
• ADNOC on its investment, alongside Mubadala and TAQA, into Masdar to create a growth platform to facilitate their collective investment in renewable power and hydrogen projects through the acquisition of an interest in Masdar and creating a new renewable hydrogen platform.
• ADNOC on a strategic partnership of the $6.2 billion investment agreement between ADNOC and Borealis AG to build the fourth Borouge facility (Borouge 4) at the polyolefin manufacturing complex in Ruwais, Abu Dhabi.
• ADNOC on the disposal of an interest in ADNOC Refining to Eni and OMV, where the company was valued at c. $19 billion.
• NEOM Company, Saudi Arabia’s new city gigaproject development company, on a $8.4 billion green energy joint venture with ACWA Power and Air Products that will incorporate the region’s largest wind and solar renewables production projects (4GW in total), as well as a ground-breaking green hydrogen / green ammonia export project.
• ADNOC on the sale of interests in the new round of offshore oil concessions to multiple oil majors and IOCs including CEPSA, CNPC, ENI, ExxonMobil, INPEX Corporation, OMV, ONGC and Total for in excess of $7.2 billion.
• ADNOC on the 2018 inaugural Abu Dhabi licensing block bid round, awarding a number of offshore and onshore exploration blocks covering approximately 30,000km2 to multiple oil majors and IOCs including ENI, PTTEP, Occidental Petroleum, INPEX Corporation and a consortium led by Bharat Petroleum Corporation and Indian Oil Corporation for a value of $820 million.
• ADNOC on the second Abu Dhabi licensing block bid round, awarding a number of offshore and onshore exploration blocks to multiple international companies including COSMO, ENI, Occidental Petroleum, PTTEP and a consortium of Pakistani oil and gas majors.
• ADNOC on its joint venture with Reliance Industries Limited for the joint construction and development of an integrated Chlor-Alkali and Ethylene di Chloride facility in Ruwais, Abu Dhabi.