Abu Dhabi Continues Uncertainty Over 1.4Mn B/D Concession

Abu Dhabi has caused more confusion over its plans for its ADCO concession, which produces 1.4mn b/d from its biggest onshore oil fields. Its statements on bidding have continued the guessing game over whether it will continue with existing partners in its existing consortium, whose concession is due to expire in January 2014, or seek new players. It also heated speculation about Asian companies’ future role in the emirate by...