By: Ahmed Awad
Kuwait-Mubasher: Oil price drop will not affect long-term energy development projects in the UAE, said CEO at Abu Dhabi Marine Operating Company (ADMA-OPCO), said Ali Rashid Al-Jarwan.
On the sidelines of the Energy Strategy Forum, Ali Al-Jarwan added that his companies promised to carry out major development projects.
In relation to ADMA-OPCO's shareholding, ADNOC, which represents the Emirate of Abu Dhabi, holds 60%, while the rest 40% is divided between BP, Total and JODCO.
Translated by: Julian Nabil