THE United Arab Emirates is trying to take the oil price collapse in stride, pressing ahead with significant output expansion plans at both its onshore and offshore fields.
Abu Dhabi accounts for more than 95% of the UAE’s oil and gas production and it is well positioned to meet its projected growth targets.
“We are continuing with our investments,” UAE Oil Minister Suhail Al-Mazroui said recently in Abu Dhabi.
Mazroui
