DNRWDepartment of Natural Resources and Water (Queensland, Australia)
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In a landmark cooperation agreement, signed between DNRW, Dubai WorldAEs business unit and Nigerian government, DNRW will mange through a variety of means including the acceleration of upstream oil and gas assets and the development of gas utilisation projects in Nigerian.
Launched by Dubai World in September 2008, DNRW and its affiliates are responsible for investing, developing and managing investments in natural resources within the developing world.
This is DNRW's first significant announcement of this kind.
Also present at the signing ceremony were Abdul Wahid Al Ulama, Vice Chairman of DNRW, Gary King, CEO of DNRW, and His Excellency Alhaji Bashir Yuguda, the Nigerian Ambassador to the United Arab Emirates, who played an important role in facilitating the signing of the cooperation agreement.
The Queensland Department of Natural Resources and Water (DNRW) contributed models for the Paroo, Warrego, Nebine, upper Condamine, mid-Condamine, St George, Lower Balonne and Moonie rivers.