Middle East Economic Survey

VOL. LII

No 46

16-Nov-2009

Bahrain

Occidental, Mubadala and NOGA Finalize Awali Joint Venture

US oil major Occidental Petroleum Corporation has finalized the creation of a new joint venture in Bahrain with UAEs Mubadala Development Company and Bahrains National Oil and Gas Authority (NOGA). The new joint operating company, Tatweer Petroleum-Bahrain Field Development Company (Tatweer Petroleum), will seek to expand the oil production capacity of Bahrains Awali oil field...