Middle East Economic Survey
Abu Dhabi Considers Breaking Up Oil Concessions To Hit 3.5Mn B/D Target
As Abu Dhabis concessions come up for renewal, it is studying allowing newcomers to compete, awarding fields to lead operators and the financial rewards it will offer its partners, Nick Wilson writes from Abu Dhabi.
Abu Dhabi has studied breaking up its onshore oil consortium (ADCO), when its concession comes up for renewal in January 2014, MEES learns. The plan...