Middle East Economic Survey
VOL. XLVII
No 26
28-June-2004
SAUDI ARABIA
Saudi Al-Rushaid Investment Acquires UK LNG Contracting Firm
Skanska UK announced on 9 June that it had completed the sale of its LNG contracting business, Skanska Whessoe, to al-Rushaid Investment Company of Saudi Arabia. Skanska Whessoes name is being changed to Whessoe Oil and Gas Ltd, registered in the UK with a branch in the Middle East. Whessoe is already carrying out a project worth $132mn related to the proposed Adriatic...
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