ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and …
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 …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.



