UAE 

International Oil Firms Flock To Abu Dhabi

Abu Dhabi is emerging as the premier investment upstream investment opportunity in the Gulf region. Media scrutiny has been on potential new partners for the 1.4mn b/d ADCO fields, whose concession expires in January 2014. But recent upstream awards to Korea’s KNOC and China’s CNPC and the re-launch of the 400-600mn cfd Bab sour gas project underline that a wider upstream opening is emerging. Austria’s OMV and...