BP boss to meet Mideast partners

Published Jul 7, 2010

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Dubai - BP's embattled chief executive is in the Emirati capital Abu Dhabi to meet with the company's business partners there.

The visit comes amid speculation that BP might be looking for investment partners from the oil-rich Middle East.

BP spokesman Andrew Gowers says CEO Tony Hayward arrived on Tuesday and would be staying "a couple of days". He didn't say whether Hayward would meet with the region's powerful investment funds.

The company is grappling with a slumping share price and soaring cleanup costs because of the Gulf of Mexico oil spill disaster. - Sapa-AP

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