Despite the horrific oil spill in the Gulf of Mexico there might be some good news BP executives and shareholders. Prince Sheikh Mohammed bin Zayed al-Nahayan, of Abu Dhabi, is reported to be considering an investment in the troubled company.
The Abu Dhabi Investment Authority (ADIA), of which the Crown Prince is Chairman, has been partners with BP and is now considering investment across the board.
Tony Hayward, BP’s chief executive, has been seen with a senior official from another Abu Dhabi fund, and a report said Saudi investors were looking to buy 10 percent to 15 percent of the British oil company.
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