VOL. XXXIII

NO. 42

23-JULY-1990

Oman

Transworld Oil Acquires Wintershall's Interest in Bukha Concession

Transworld Oil, a Bermuda-registered company, has acquired the 50% equityinterest of Wintershall Oman, a subsidiary of West Germany's BASF AG, in theOmani offshore Bukha concession, which is held in partnership with theCanadian International Petroleum Corporation (IPC). The new acquisition hasbeen approved by the Omani Ministry of Petroleum and Minerals, according to anannouncement on 16 July...