Sunday 22 April 2012

Adnoc Drawing List of Finalists to On-Shore Oil Concessions - Bloomberg

Abu Dhabi National Oil Co. is still preparing the final list of bidders to compete for on-shore oil concessions due to be awarded by 2014, Director General Abdulla Nasser Al Suwaidi said.
“We are now in the selection process of the bidders and we have not come up with the final list of bidders,” al Suwaidi told reporters today in Abu Dhabi. Current partners and new companies will be considered, he said.
Adnoc, as the state producer in the capital of the United Arab Emirates is known, is currently setting up the tendering process to accept bids for the oil fields, he said.

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