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High-stakes bid contest heating up for $8 billion-plus UAE gas megaproject

Upstream Online · last updated

High-stakes bid contest heating up for $8 billion-plus UAE gas megaproject

Abu Dhabi government in June awarded Adnoc a new concession agreement to develop the BGC reservoir, with the state giant holding a 60% participating interest alongside its international joint venture partners

Adnoc Gas chief financial officer Peter Van Driel.Photo: NISHANT UGAL/UPSTREAM
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