Middle East Economic Survey

VOL. LII

No 12

23-Mar-2009

Bahrain

Occidental And Mubadala Sign Interim Deal For Further Development Of Bahrain Field

US firm Occidental Petroleum and Abu Dhabi-based investment company Mubadala have signed an interim agreement with Bahrains National Oil and Gas Authority (NOGA) for further development of the Bahrain (Awali) field. Occidental announced on 16 March that the agreement would allow the completion of a joint operating company to implement a development plan...