KUWAIT
KPC's Subsidiary Santa Fe Purchases Keydril
The Kuwait Petroleum Corporation's wholly-owned subsidiary Santa Fe International has purchased Gulf Oil's Houston- based international offshore drilling firm Keydril for $190mn, according to recent industry reports. However, neither Santa Fe nor Gulf would confirm the purchase although a Gulf spokesman admitted that a sale had been concluded. Keydril's subsidiaries include Key International Drilling Co. Ltd., Key...
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