[at Bloomberg] – BP Plc (BP/) is bidding for oil production rights in Abu Dhabi as the company and former partners in a concession there said they’ll lose output as the accord expired. “We and seven or nine other companies have submitted bids,” Chief Executive Officer Bob Dudley said today at a press briefing in London. BP expects to report lower output this year, which in part reflects the loss of 140,000 barrels a day from Abu Dhabi. Exxon … [visit site to read more]
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