Abu Dhabi onshore contract loss hurts oil majors | The National:
"The expiry of Abu Dhabi’s historic onshore concession has already eaten into profits at its legacy partners, highlighting the importance for the majors of regaining access to the emirate’s reserves.
Production at BP, Total and Royal Dutch Shell fell by as much as 8.5 per cent this quarter after the January expiry of the Second World War-era contract. ExxonMobil, the fourth major, is due to release results on Thursday."
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