USD ЦБ — 57,25 +0,36
EUR ЦБ — 70,45 +0,26
Brent — 68,84 −1,40%
March, Friday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

poll archive

News // Companies

BP shut out of ADCO tender renewal

11 July 2012 , 09:24Neftegaz.RU1315

BP has been shut out of the tender process for the renewed licence at Abu Dhabi’s oil field, a major blow to the company’s operations in the GCC.

According to Petroleum Intelligence Weekly (PIW), BP’s fellow supermajors ExxonMobil, Total and Shell, which also hold 9.5% stakes in the concession, have all been invited to tender, but BP has not.

PIW reports that BP’s rejection occurred despite personal lobbying by British Prime Minister David Cameron to Sheikh Mohammad bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. 


No comments yet.

Post a comment

Popular news

Neftegaz.RU context