Abu Dhabi plans to draw up a final shortlist for its giant offshore oil concession as early as next month, moving a step forward in a process that is being closely watched as a sign of the balance of geopolitical power in the Gulf.
BP remains among possible contenders for the deal, despite its surprise exclusion this summer from early invitations to bid, a leading Abu Dhabi oil official said.
At stake is a giant 75-year concession that has historically been the preserve of leading western oil companies, but may now be opened to new entrants from emerging economies in Asia and elsewhere.
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