The United Arab Emirates’ main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project. ADNOC has set aside 40 percent of the ADCO project for foreign partners.
The United Arab Emirates’ main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project. ADNOC has set aside 40 percent of the ADCO project for foreign partners.