Abu Dhabi awards offshore oil concessions to France’s total for $1.45bn

Abu Dhabi National Oil Company has awarded stakes in two offshore concessions to France’s total for Dhs5.3bn ($1.45bn), according to UAE state news agency WAM. The company paid $1.15bn for 20 per cent of the Umm Shiaf and Nasr concession and $300m for 5 …
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