VOL. XXXII

NO. 4

30-OCTOBER-1989

UAE

Dubai Awards New Onshore Concession

The Government of Dubai has awarded a new onshore oil and gas explorationconcession to a consortium of five companies composed of Dubai ExplorationOnshore Ltd. (DEOL), an affiliate of Dubai Petroleum Company (DPC) which will bethe operator with a 30% stake in the concession; Dubai Marine Areas (DUMA), acompany owned 50/50 by Total CFP and Repsol, with a 50% stake; RWE-DFA (formerlyDeutsche Texaco) with a 10% stake; and...