Page 176 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat

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Agreement to a company registered in any of the countries of the
Agrceme'I68 th* ^r0V1^ct^ ^le Company accepts the Political
(iii) In *.hc exercise of their right of pre-emption under Article 13 of the Political
Agreement, Her Majesty’s Government will allow the Company to fufil
their obligations under Articles 15 and 16 of the Concession Agreement.

(c)
Letter, dated December 2, 1950, from the Political Agent, Bahrain, to the Ruler
of Abu Dhabi, requesting the latter’s acceptance of the Political Agreement
relating to the Superior Oil Company’s Concession which was terminated
in 1952
I have the honour to state that His Majesty's Government have been furnished
with a copy of the Agreement signed by you on 2nd December, 1950, granting
to the Superior Oil Company of California an Oil Concession in respect of the
sea-bed sub-soil lying beneath the high seas of the Persian Gulf contiguous to the
territorial waters of Abu Dhabi.
2. Under instructions from His Majesty’s Government 1 now enclose a copy
of an Agreement which has been concluded between His Majesty’s Government
and the Superior Oil Company of California in London on the 15th April, 1950.
3. It is desirable that there should be a clear understanding as to the position
which would arise in certain eventualities in connection with these two agreements.
I am therefore to request that you will let me have a reply to this letter confirming
your agreement to the arrangements set out below:
(1) Should any of the terms of the agreement between you and the Company
be inconsistent with, or conflicting with, the terms of the Agreement
between the Company and His Majesty’s Govemrrtent signed on the
15th April, 1950, the agreement between you and the Company will,
to the extent of any such conflict or inconsistency, be subordinate to
and controlled by the terms of the Agreement between the Company
and His Majesty’s Government.
(2) Should it be necessary, under the terms of Clause 16* of the Agreement
between the Company and His Majesty’s Government for His Majesty’s
Government to request you to terminate your agreement with the
Company you will undertake to accept the advice of His Majesty’s
Government in this respect.
(3) You will undertake, for the purpose of paragraph two, Article 9t, of the
Agreement between you and the Company not to designate a bank
outside the Sterling area without the approval of His Majesty’s
Government.
(4) Upon receipt of your confirmation that you understand and agree to these
arrangements, the Company will be informed accordingly and you will
be notified of His Majesty’s Government’s approval of your agreement
with the Company.

(d)

Letter, dated March 9, 1953, from the Ruler of Abu Dhabi to the Political Officer,
Trucial Coast, conveying his acceptance of the conditions mentioned in (c)
FSpaSglJg

‘1 as those mentioned in the Political Agent Bahrain s letter C/TC-68 dated
OnH^hpoember 1950 regarding my concession agreement with the Superior Oil
Comm and the Political Agreement between His Majesty's Government and
the Superior Oil Company.
f Article 9 in No. 3.
* Clause 15 in No. 4.