Occidental Petroleum has been awarded a contract to develop Abu Dhabi National Oil Company's (ADNOC) Shah gas project, in a deal expected to be worth $10 billion, sources said.
"ADNOC has awarded the Shah gas field to Oxy," said an ADNOC source in Abu Dhabi on Wednesday, adding that this was the company's first ever project with the state firm.
The source, plus an Abu Dhabi energy official, said there were no other partners for the project.
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