Cepsa buys into Abu Dhabi offshore concession for $1.55bn
Cepsa, a Spanish oil and gas company has picked up a participating stake of 20% in an Abu Dhabi offshore concession SARB and Umm Lulu for a price of AED 5.5 billion ($1.5 billion). The stake in the Abu Dhabi offshore concession was granted by the Abu Dhabi National Oil Company (ADNOC), representing the Abu […]