Exxon Mobil Corp has removed its staff from Abu Dhabi’s onshore oil fields after its concession agreement with state-run Abu Dhabi National Oil Company, or Adnoc, expired earlier this month, according to an Energy Intelligence report.
BP PLC, Royal Dutch Shell PLC and Total SA, have kept their crews in place since the 75-year onshore concession expired on January 11, Energy Intelligence said.
Abu Dhabi is in the process of selecting a new foreign partnership to operate the onshore fields and all foreign partners in the concession, excluding Partex, were invited to bid for a new agreement, according to Adnoc and company executives.
Abu Dhabi has also given approval to US-based Occidental Petroleum Corp, China National Petroleum Corp, Inpex Corp of Japan, Korea National Oil Corp, Norwegian oil company Statoil ASA, Italy’s Eni and Russia’s OAO Rosneft to bid.
