Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

UAE

UAEs SPC Denies Selection Of ExxonMobil As Upper Zakum Partner/Developer

The UAEs Supreme Petroleum Council (SPC) on 20 June denied reports that the oil authorities had designated ExxonMobil as the strategic partner in the giant offshore Upper Zakum oilfield.MEES, in its issue last week, said that ExxonMobil had been selected, and subsequently the Gulf News, on 20 June quoted industry sources close to the SPC as confirming the selection...