Inpex interested in Abu Dhabi oil developments - Official

Tuesday, 19 January 2010

Inpex Corp, a Japanese oil producer developing an offshore field in Abu Dhabi, is interested in extracting crude from onshore deposits in the emirate once the concessions for those resources expire, a company official said.

Speaking in Abu Dhabi on Monday, Shigeru Usui, chief executive officer, Impex's Japan Oil Development Co unit, said: “We’ve expressed our interest to Abu Dhabi’s government about developing onshore resources."

Concessions for the onshore fields, held by partners including Exxon Mobil Corp and BP Plc, expire in 2014, he said.

Source: http://www.arabianbusiness.com/579187-inpex-interested-in-abu-dhabi-oil-developments---official

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