Middle East Economic Survey
Dana Petroleum, Woodside Agree Mauritania Asset Swap
UK independent Dana Petroleum announced on 28 September it had concluded an international exploration agreement with Australias Woodside Energy under which it will swap certain assets in offshore Mauritania. Firstly, Dana will acquire a 6.25% interest in the Block 2 Production Sharing Contract with effect from 1 July 2004. In exchange, Dana will assign a 5% interest in the...