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Adnoc to sign sour gas contract within 2 months
- United Arab Emirates: Wednesday, June 11 - 2008 at 07:18
Abu Dhabi National Oil Company (Adnoc) is to announce the winner of the final $10bn contract for the treatment of sour gas at the Shah field within two months, reported Gulf News. Abu Dhabi, which holds the fifth-largest gas reserves in the world, is offering a 40% stake in the venture, which has a price tag of $10bn. Companies bidding for the project include ConocoPhillips, Exxon Mobil, and Royal Dutch Shell.
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Jeff Florian, Senior ReporterWednesday, June 11 - 2008 at 07:18 UAE local time (GMT+4)
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