Korean Group Wins Abu Dhabi Oil Deal As ADCO Concession Nears Expiry

...ports.   The concession for the ADCO consortium – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – will expire in January 2014. An international oil company (IOC) official, whose firm plans to compete when the ADCO concession ends, tells MEES about the Korean deal: “I su...