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Exxon, Shell, Oxy Said to Be Shortlisted for Abu Dhabi Shah Gas
Nov. 01, 2010 04:13PM PST
Oil and Gas Investing
Bloomberg reports that Abu Dhabi shortlisted Exxon Mobil Corp., Royal Dutch Shell Plc and Occidental Petroleum Corp. as potential partners to develop the $10 billion Shah natural-gas project.
Bloomberg reports that Abu Dhabi shortlisted Exxon Mobil Corp., Royal Dutch Shell Plc and Occidental Petroleum Corp. as potential partners to develop the $10 billion Shah natural-gas project.
The market news is quoted as saying:
Abu Dhabi Gas Development Co., owned by Abu Dhabi National Oil Co., known also as Adnoc, is pressing ahead with Shah after the original foreign partner, ConocoPhillips, withdrew from the project in April. The people declined to be identified by name because the decision hasn’t been publicly announced.