RIGZONE - Abu Dhabi Government Extends Upper Zakum Oil Field Concession by 15 Years:
"Japan's Inpex Corporation (Inpex) announced Tuesday that the Government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates (UAE). The Concession has now been extended to Dec. 31, 2041 by adding more than 15 years to the previous term. The Upper Zakum is being jointly developed by Abu Dhabi National Oil Company (ADNOC), Exxon Mobil (EM) and an Inpex subsidiary Japan Oil Development Co., Ltd. (JODCO)."
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