Klaus Angerer, director of business development in the Middle East at Austrian oil firm OMV, has said the company is in preliminary talks with state-run Abu Dhabi National Oil Co (ADNOC) to undertake gas projects in the UAE, Reuters has reported. 'We have a number of project ideas. Our feeling is there will be a positive response. It's very, very preliminary. Abu Dhabi is interested in talks with companies like ours,' he said. OMV is 20% owned by the Abu Dhabi government through the emirate's investment unit the International Petroleum Investment Corporation.
You might also like...
AD Ports secures Angola port concession agreement
25 April 2024
Abu Dhabi makes major construction investments
25 April 2024
Saudi Arabia seeks K9 PPP project interest
25 April 2024
Kuwait reviews 1.1GW solar prequalifications
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.