Concession extended for Al Bunduq field

The Japanese-owned operator of Al Bunduq oil field shared by quarreling Abu Dhabi and Qatar has won a new concession. In a statement, Qatar Petroleum said it signed a concession agreement with the Abu Dhabi Supreme Petroleum Council, Abu Dhabi National Oil Co., operator Bunduq Co., and United Petroleum Development Co., a Japanese consortium that owns 100% of the operator.


Source: News