By Oliver Klaus
Last Update: 5:40 AM ET Apr 4, 2007
DUBAI (MarketWatch) — Occidental Petroleum Corp. will bid in mid-April for an estimated $10 billion sour gas development in Abu Dhabi while BG Group PLC will not pursue the project any further, company officials have said.
Abu Dhabi National Oil Co., which produces almost all the oil in the United Arab Emirates, has prequalified a number of international oil companies including Occidental, BG, BP PLC and Royal Dutch Shell PLC to submit bids for the project by April 15.
Occidental is among the companies preparing to submit a final proposal on how to develop the scheme, which will be seminal in helping the U.A.E.’s largest emirate meet its fast-rising gas requirements.
While Occidental, BP and Shell are expected to hand in bids later this month, BG has decided to pull out of the race.
“We were obviously delighted to be shortlisted and invited by Adnoc to bid for what is a very challenging sour gas project,” a BG spokeswoman told Dow Jones Newswires in an email Tuesday.
“However, in the time available we concluded that we were not able to put together a sufficiently competitive compliant bid to address the significant challenges this project presents. Given our experience with sour gas in projects like Karachaganak in Kazakhstan, we are disappointed that we felt unable to submit a bid,” the spokeswoman said.
It is not clear whether Exxon Mobil Corp. which have also been preselected by Adnoc, will participate in the final stage of the tender.
The successful bidder will enter into a joint venture with Adnoc to help it develop some of Abu Dhabi’s fields containing sour gas, highly sulfuric natural gas that is more costly and challenging to process because its corrosive nature requires special handling and infrastructure.
Abu Dhabi has more than 200 trillion cubic feet of gas reserves, the fifth largest in the world, most of which are sour.
Demand for natural gas is rising fast in the U.A.E. as the government is moving ahead with the addition of new, gas-fired power and desalination plants, and the development of new industries with high gas requirements, such as aluminum and petrochemicals.
The sour gas project, which is expected to produce 3 billion cubic feet a day of gas, is set to provide gas for these new industries and for reinjection in oil fields to maintain production levels.
(Angel Gonzalez in New Orleans contributed to this story.)
Copyright (c) 2007 Dow Jones & Company, Inc.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































