Tasnim Al Mzaini, digital unit, Abu Dhabi National Oil Company sat down with Jessica Morales at CERAWeek by IHS Markit. Al Mzaini discussed a recent survey where ADNOC polled millennials and the future Generation Z workforce. The survey looked at where opportunity lies in recruiting, what the key drivers are and how the generations view the oil and gas industry.
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
Repsol will still hold a 51% stake in the block after the deal.
The March 20 lease sale in the U.S. Gulf of Mexico brought in $244.3 million in high bids.