MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »China’s CEFC awarded 4 percent interest in ADCO concession
Abu Dhabi / WAM Abu Dhabi National Oil Company (ADNOC), signed on Monday an agreement with the CEFC China Energy Company Limited (CEFC China), awarding it the final 4% interest in Abu Dhabi’s onshore oil concession. CEFC contributed a sign-up bonus of AED 3.3 billion ($888 million) to enter the concession. The onshore concession is operated by the Abu Dhabi ...
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