Potentially breathing life into a stalled plan by US Occidental Petroleum to sell a minority stake in its Middle East assets, state-owned firms in the United Arab Emirates and Oman are quietly eyeing a joint bid for Oxy's regional assets. Oxy's sale to a regional consortium involving Abu Dhabi's Mubadala Petroleum, Oman Oil Co. (OOC) and Qatar Petroleum International (QPI) fell apart last month, but since that time, Mubadala and OOC have teamed up to explore the possibility of bidding for a combined 20%-30% share in Oxy's Middle East and North Africa assets, multiple sources close to the group tell International Oil Daily.
展开▼
