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Abu Dhabi's selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer's push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude.Indian companies got the first slice in a $600 million deal on Feb. 10 . Madrid-based Cepsa, owned by Abu Dhabi's Mubadala Investment Co., will take a 20 percent stake in development rights for the Umm Lulu and Sateh al-Razboot oil fields in the Gulf.Abu Dhabi split an existing offshore oil partnership into three blocks and is seeking new partners to hold as much as 40 percent of each of the the new concessions.
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