BP CEO sees update on UAE concessions

Written by Reuters | Abu Dhabi | Updated: Nov 12 2012, 07:38am hrs
BP shut out of pre-qualification bidding to develop Abu Dhabis largest onshore oil fields, hopes to hear soon whether

it can participate in the process, CEO Bob Dudley said

on Sunday.

Im positive about it ... Im optimistic that cooperation will go on for a long time, Dudley said. Dudley said he hopes to hear about the concessions up for renewal in the next week or so, adding that British PM David Cameron had played a role in promoting British business.