VOL. XXXII

NO. 9

5-DECEMBER-1988

KUWAIT

KUFPEC and Atlantic Richfield to Develop Gas Find in South China Sea

The Kuwait Foreign Petroleum Exploration Company (KUFPEC) - a subsidiary ofthe state-owned Kuwait Petroleum Corporation (KPC) - together with its jointventure partner Atlantic Richfield in the Hainan South China Sea concession,signed an agreement in Beijing on 23 November with the China National OffshoreOil Corporation (CNOOC) for the development of their gas discovery near HainanIsland -...