NO. 35



Neste Oy Acquires Chevron's Oil and Gas Assets in Oman

MEES learns that the Finnish state-owned company Neste Oy has acquiredChevron's 35% stake in the 11,793-sq. km. Sunainah concession in northwest Oman,which was held in a joint venture with the operator Occidental. Chevron had announced in November 1990 that it had decided to sell its oil and gas assets inOman as part of its reorganization following the sale of some of its UK NorthSea properties and its...