Middle East Economic Survey
Occidental And Mubadala Sign Bahrain Development And Production Agreement
Occidental Petroleum and the Abu Dhabi-based investment company Mubadala have signed a 20-year development and production sharing agreement to boost production from Bahrains Awali field. The partnership is looking to triple production from the first oil field discovered on the Arabian peninsula, using Oxys experience in enhanced oil recovery. Awali was discovered...