US looks forward to UAE oil and gas concessions | GulfNews.com:
"The US oil and gas sector is interested in the UAE and looking forward to the renewal of concessions to the US companies, Ambassador of the United States of America to the UAE Michael H Corbin said on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) on Monday.
“We are happy to participate as we have historically. We are looking forward to the renewal of concessions. US oil and gas sector is very interested in the UAE,” said the ambassador speaking to Gulf News.
Exxon Mobile and Occidental Petroleum are the two big companies from the US which are active in the UAE oil and gas sector. Concessions given to many western companies including Exxon Mobil expired early this year and the UAE government is yet to take a decision on whom to award concessions."
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