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Confusion Spreads Over Abu Dhabi Oil Fields Concession
...shore fields and expires in January 2014. State-owned Abu Dhabi National Oil Company (ADNOC) invited selected firms to apply for prequalification by July 15, but BP has not yet been invited (MEES, 9 July). Nick Wilson writes. ““They did not receive an invitation. They were not on the list,” AD...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012 -
IMF Sees Good Growth Prospects For Libya
...ices are projected to fall from $114.70/B in 2012 to $110/B in 2013 and $102.80/B in 2014. At the same time reconstruction expenditure and the release of pent-up private demand should facilitate an improvement in non-hydrocarbon sectors. But the IMF warns that risks to the outlook include continued po...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012