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Aabar collects Indo contracts

United Arab Emirates: Thursday, January 18 - 2007 at 07:40

Pearl Energy, a subsidiary of Abu Dhabi-based Aabar Petroleum Investments has been awarded two oil production sharing contracts for offshore Indonesian fields. Pearl will hold a 100% interest and operate the offshore Karana field; and hold a 40% interest in the Sibaru field. Mittal Energy will operate and hold a 60% stake in Sibaru.

James McInerney James McInerney, News Editor
Thursday, January 18 - 2007 at 07:40 UAE local time (GMT+4)

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This Article was updated on Tuesday, February 13 - 2007

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