VOL. XXXIII

NO. 12/13

25-DEC-1989/1 JAN1990

UAE

Ras al-Khaimah Awards Amoco Offshore Concession

The Government of Ras al-Khaimah on 17 December awarded Amoco of the US a newoil and gas concession covering all the offshore acreage "where nocommercial discoveries were made." Under the terms of the agreement, Amocowill carry out a comprehensive seismic survey of the emirate's waters as of 1May 1990 and will later drill an exploratory well in the light of the results ofthe survey. The offshore acreage...