(EnergyAsia, August 11) — ConocoPhillips will give up its operatorship of Dubai’s offshore oil concession to the government from next April. The US independent said its fully owned unit, Dubai Petroleum Company, has led the consortium producing crude oil in the emirate since 1961. In a joint statement, the government of Dubai and DPC…
DUBAI: Government takes over operator role for offshore oil fields from ConocoPhillips
Posted on August 11, 2006 by EnergyAsia