Middle East Economic Survey

VOL. XLVIII

No 23

6-June-2005

Saudi Arabia

Saudi Private Energy/Minerals Service Company Formed

The formation was announced on 1 June of a privately-owned Saudi company offering a range of services to the oil/gas and minerals sector. The Petroleum and Mining Company (Petrolak), headquartered in al-Khobar, is offering to undertake well drilling and maintenance, the operation and maintenance of industrial facilities, the carrying out of electronic and mechanical work and...