DUBAI, Feb 4 (Reuters) - A new maritime oil field has been discovered in the emirate of Dubai, the office of the Gulf Arab emirate’s ruler said on Thursday.
“Mohammed bin Rashid brings the good news to the people of the Emirates and announces the discovery of a new marine oil field in Dubai,” according to a statement issued from the Dubai media office.
No details were given about the size or production capability of the new field in the statement.
Al Bayan newspaper reported industry sources as saying that the field was “promising”.
The UAE is a seven-member federation including the Gulf trade and tourism hub of Dubai. Over 90 percent of the UAE’s oil is located in the country’s capital Abu Dhabi. (Reporting by Amena Bakr; Editing by Thomas Atkins)