Middle East Economic Survey


No 42


Fight For Abu Dhabi Oil And Gas Field Concessions Heats Up

Japan’s trade minister visited Abu Dhabi to bolster Japanese firms’ concession renewal claims, as they prepare to find partners to bid for fields in the event of consortia break-ups and undeveloped fields going to tender. Aggressive, government-backed middle-sized international oil firms and state-owned Abu Dhabi’s IPIC are eyeing concessions. At stake are...