Middle East Economic Survey

VOL. XLVIII

No 15

11-April-2005

ExxonMobil Selected As Upper Zakum Partner/Developer, Pending Final Talks

Abu Dhabis Supreme Petroleum Council (SPC) on 5 April announced the selection of ExxonMobil as the strategic partner in the giant offshore Upper Zakum oilfield with the prime task of the further development of the field, pending final negotiations. A statement published by the UAE state news agency WAM said the SPC decided to enter into final negotiations with...