Total has entered an agreement with the Abu Dhabi National Oil Company (Adnoc) to acquire a 40% stake in the Ruwais Diyab Unconventional Gas Concession in onshore Abu Dhabi.

Adnoc will hold a 60% interest in the concession, while Total will be responsible for carrying out exploration and appraisal activities for a period of six to seven years on the concession and during the 40-year production phase.

The agreement is part of Adnoc’s plan to achieve one billion cubic feet of unconventional gas production a day by 2030.

Total is a French oil and gas company, while Adnoc is UAE’s state-owned oil and gas firm.

Wood Group has been awarded three project management consultancy (PMC) contracts worth $53m by Adnoc Onshore. Wood will provide PMC services for the development of major onshore fields in Abu Dhabi under the contracts, which are valid for five years and include one-year extension options.

“Expected to be closed by March 2019, the acquisition will help Toshiba to focus on the available resources in key growth areas.”

The contracts will enable Adnoc to achieve its target of increasing oil and gas production capacity up to four million barrels of oil a day by 2020.

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Wood Group is a UK-based energy services provider company that is a subsidiary of Abu Dhabi National Oil Company (Adnoc).

Toshiba plans to divest its liquefied natural gas (LNG) businesses in the US to ENN Ecological Holdings for $15m.

Expected to be closed by March 2019, the acquisition will help Toshiba to focus on the available resources in key growth areas.

Toshiba is a Japanese conglomerate, while ENN Ecological Holdings is a China-based company engaged in natural gas processing and investment.

Anadarko Petroleum has signed an agreement to divest its midstream hydrocarbons assets in the US to Western Gas Partners (WES) for $4.015bn.

WES will fully acquire the DBM Oil Services and APC Water Holdings, DJ Basin Oil System, Watterberg Plant, and Wamsutter pipeline assets of Anadarko Petroleum, under the agreement.

The company will also hold a 50% stake in the Bone Spring gas plant and MiVida gas plant in West Texas, along with 20% and 15% stakes in the Saddlehorn pipeline and Panola pipeline, respectively.

WES will pay $2.007bn in cash to Anadarko Petroleum, while the remaining $2.008bn will be paid in the form of new equity.

Anadarko Petroleum is a petroleum and natural gas company, while Western Gas Partners is a master limited partnership established by Anadarko Petroleum to develop and operate midstream assets.

Both companies are based in the US.

Flat Creek Resources has raised $400m initial capital from EnCap Investments.

The proceeds will be used towards its hydrocarbons exploration and development activities in the Permian Basin located in West Texas and New Mexico.

Locke Lord acted as the legal advisers for Flat Creek Resources, while Vinson and Elkins were the legal advisers for EnCap Investments.

Both based in the US, EnCap Investments is a private equity company, while Flat Creek Resources is an oil and gas exploration and production company.