VOL. XLV
No 14
8 April 2002
UAE
IOCs GivenEnd-April Deadline For ZadcoEquity Bids
Theinternational oil companies (IOCs) interested inacquiring part or all of the 28% equity stake being offered by Abu DhabiNational Oil Company (ADNOC) in the Zakum DevelopmentCompany (Zadco) have been told that they must submitbids by end-April, MEES understands.Six IOCs are expected to bid for the stake: BP; ChevronTexaco; ExxonMobil; Jodco; Shell; and TotalFinaElf.On 11 March, ADNOC presented the companies with...
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