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Abu Dhabi’s Oil Field CCS Projects Face More Delays
...servoir’s formation. ADCO – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – has a concession to manage most of Abu Dhabi’s onshore oil fields, which expires in January 2014. Abu Dhabi is asking majors to pitch for concessions without knowing the results of pilot sc...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
Korea To Finalize Abu Dhabi Fields Deal, China Eyes Japan’s Concessions
...likely that ADNOC’s onshore oil fields concession will be broken up when it ends in January 2014, because it is too close to the renewal date. The Abu Dhabi Company for Onshore Oil Operations (ADCO) consortium – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – wh...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011 -
ACWA To Develop World’s Biggest IPP For SEC
...ne 2014. The $2.85bn project will see 77% funded via debt, split equally between dollars and riyals, said ACWA. The dollar facilities will include tranches funded or covered by export credit agencies (ECAs) US ExIm, Eulerhermes and Kexim. Participating international banks include HSBC, KfW, St...
Volume: 54Issue: 39Published at Mon, 26 Sep 2011