S. Korean firm wins $2 billion contract for UAE offshore oil development
Special to WorldTribune.com ABU DHABI — The United Arab Emirates has progressed in development of an offshore crude oil field. The UAE project called for the second phase of development of the Nasser field off the coast of Abu Dhabi. Executives said the UAE wanted to bolster production from the current 22,000 to 65,000 barrels […]