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Dubai to take control of its oil production
Publication year - 2006
Publication title -
oil and energy trends
Language(s) - English
Resource type - Journals
eISSN - 1744-7992
pISSN - 0950-1045
DOI - 10.1111/j.1744-7992.2006.310913.x
Subject(s) - production (economics) , oil production , government (linguistics) , business , control (management) , state (computer science) , engineering , agricultural economics , management , economics , computer science , petroleum engineering , macroeconomics , linguistics , philosophy , algorithm
The government of Dubai is to take control of the emirate's oil production. From 2nd April, 2007, the foreign consortium responsible for nearly all of Dubai's production will cease to operate the concession and be replaced by a new state‐owned company, bringing to an end an era that has lasted over forty years.