Ras Al-Khaimah Awards Concession to International Petroleum
The Government of Ras al-Khaimah and International Petroleum Ltd. Bermuda (a wholly-owned subsidiary of International Petroleum Corporation ) last week signed a concession agreement covering 2,074 square kms. of onshore acreage in the emirate. Geophysical studies of the acreage are to start in due course.
International Petroleum together with the Overseas Petroleum and Investment Corporation (OPIC) and the Wintershall Group...