ADNOC Probes Options For Oil Concession Renewal

...tal (9.5% each); and Partex (2%). The concession expires in January 2014. ADMA for the offshore sector comprises: ADNOC (60%); BP (14.67%); Total (13.33%); and Japan Oil Development Company (Jodco – 12%). This concession ends in 2018. The presence and participation of the majors have provided te...