Wednesday 26 September 2012

China hones new pitch for Abu Dhabi oil - The National

Western oil majors have perfected a pitch when it comes to keeping their place in Abu Dhabi concessions, vouching for their technology and expertise that, it is implied, newcomers lack.

Now with a little more than a year to go until a prized concession expires, the biggest newcomer of all - China - is responding with a similar narrative.
Take, for example, China National Petroleum Corporation (CNPC), which submitted prequalification papers to bid in Abu Dhabi's biggest concession and is also studying prospects for seven undeveloped blocks.

No comments:

Post a Comment