Less than a minute
99 words
4 views
ExxonMobil plans to invest several million US dollars annually in the world’s second-largest offshore oilfield, Upper Zakum offshore the United Arab Emirates (UAE), on top of the US$6.5 billion it has already invested in the project since 2006, Christian G. Lenoble, President and UAE Lead Country Manager of Exxon (Al-Khalij), told Emirates News Agency WAM. ExxonMobil is one of the largest investors in Abu Dhabi, according to the U.S. oil and gas supermajor. Exxon, in collaboration with the Abu Dhabi National Oil Company (ADNOC), is investing…