New oil firm set up by Abu Dhabi | New oil firm set up by Abu Dhabi -
offshore-oil-gas-rig

New oil firm set up by Abu Dhabi

: Tuesday, April 29 - 2014 @ 00:07

The government of Abu Dhabi has decided to set up a new firm for petroleum operations, Wam has reported. According to the decision, 60% of Al Yasat Company for Petroleum Operations LLC is owned by the Abu Dhabi National Oil Co (Adnoc), while CNBC International Hong Kong owns the rest. Al Yasat will carry out the development of onshore and offshore areas in the emirate approved by the Supreme Petroleum Council.

Today's Top Stories

Posted by

Tuesday, April 29- 2014 @ 0:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically





JobsVIEW ALL

Search for jobs

Latest Jobs