Abu Dhabi is considering making an investment in BP PLC, the oil-rich emirate's Crown Prince Sheik Mohammed bin Zayed Al Nahyan said, Bloomberg News reports Tuesday.
Abu Dhabi
is
considering making an investment in BP PLC, the oil-rich emirate's Crown Prince
Sheik Mohammed bin Zayed Al Nahyan said, Bloomberg News reports Tuesday.
"We are still thinking about it," the crown price told Bloomberg when
asked whether
Abu Dhabi
was
considering buying a stake in the
U.K.
oil
major.
BP CEO Tony Hayward last week met with
Abu
Dhabi
officials including Crown Prince Mohammed during a
visit to the emirate.
Hayward
would
be happy to see
Abu Dhabi
buy a
stake of up to 10% in the oil major, a person with knowledge of the meeting
told Zawya Dow Jones at the time.
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