Middle East Economic Survey

VOL. LII

No 18

04-May-2009

UAE

ADNOC Probes Options For Oil Concession Renewal

By Charles Richards in the UAE

Abu Dhabi has formally opened discussions about the future of the oil concessions in which the four major western companies are partners. State oil company ADNOC sent letters to each of the companies asking for ideas, then called them in for further clarification about what they were looking for. The companies were asked to respond by early April. The contacts...