Middle East Economic Survey
VOL. XLVIII
No 39
26-September-2005
KUWAIT
Kufpec Farm-In To Japex Philippines Upstream Block Approved
The Philippines Department of Energy announced on 15 September it had approved the farm-in agreement between Japan Petroleum Exploration (Japex) and Kuwait Foreign Petroleum Exploration (Kufpec) under service contract 46 involving oil and gas exploration near Tañon Strait in Central Visayas. Kufpec has acquired a 35% interest in the block so that operator Japex now...
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