Tag: weg723
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WEG supports Belbazem breakthrough
The Abu Dhabi National Oil Company (ADNOC) has pledged to increase its oil production capacity to five million barrels a day by 2030 to satisfy the soaring global demand for energy. The Belbazem block, a massive $744 million development of three offshore oilfields, will be central to ADNOC’s goals — but this large output cannot…