Arab Today, arab today bp talks with abu dhabi on oilproduction rights
Last Updated : GMT 16:45:20
Arab Today, arab today
Arab Today, arab today

BP: talks with Abu Dhabi on oil-production rights

Arab Today, arab today

Arab Today, arab today BP: talks with Abu Dhabi on oil-production rights

Dubai - Arabstoday

BP Plc said it’s still in talks with Abu Dhabi about renewing rights to produce oil, after a report indicated the London-based crude producer had been excluded from negotiations. “Constructive discussions are taking place at all levels,” David Nicholas, a BP spokesman, said July 6. “This is all part of doing business.” An official at the Abu Dhabi National Oil Co, the state-run producer known as Adnoc, had no comment on the report when contacted by Bloomberg on Sunday, asking not to be identified in line with company policy. Adnoc excluded BP from the list of companies it asked to bid for production rights at onshore fields, Petroleum Intelligence Weekly reported last week, without identifying where it got the information. Exxon Mobil Corp, Total SA, Royal Dutch Shell Plc, Statoil ASA and Occidental Petroleum Corp received invitations to prequalify for bidding, PIW said in a newsletter dated July 9. Abu Dhabi and Adnoc pumps crude and natural gas from onshore and undersea deposits in joint ventures with international partners. One of the ventures, Abu Dhabi Co. for Onshore Oil Operations, known also as Adco, manages the main concession for the emirates’s largest onshore fields. The agreement will expire in 2014, and Adnoc is in discussions to renew it or reach separate accords with new partners. Adnoc director-general Abdullah Nasser Al Suwaidi said in April that the producer was shortlisting the companies it would ask for bids to help pump and expand on Adco’s 1.4 million barrel-a-day of output. BP, Exxon Mobil, Shell, Total and Partex Oil & Gas — or their predecessor companies — have been producing oil in Abu Dhabi since 1939. Adnoc joined them as a partner in the 1970s, creating the Adco concession, which holds rights for six deposits until 2014. From gulfnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bp talks with abu dhabi on oilproduction rights Arab Today, arab today bp talks with abu dhabi on oilproduction rights

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bp talks with abu dhabi on oilproduction rights Arab Today, arab today bp talks with abu dhabi on oilproduction rights

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Writing's on the wall for Trump, Zuckerberg

GMT 09:05 2017 Thursday ,19 October

Writing's on the wall for Trump, Zuckerberg
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday