Friday 6 July 2012

BP Left Out of Abu Dhabi Bidding, Petroleum Intelligence Says - Bloomberg

BP Plc (BP), the oil producer that’s selling assets to help pay for the 2010 Gulf of Mexico spill, has been excluded from companies allowed to bid for Abu Dhabi National Oil Co.’s onshore oil fields, Petroleum Intelligence Weekly reported, citing unnamed people.
Abu Dhabi Co. for Onshore Oil Operations, a concession that’s expiring in 2014 and of which London-based BP is a partner, is spinning off the onshore fields, the weekly publication said in its July 9 issue.
Companies including Exxon Mobil Corp. (XOM), Total SA (FP) and Royal Dutch Shell Plc (RDSA) received the three-page invitations to prequalify to bid on the fields, the publication said.

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