VOL. XLVI

No 1

6-January-2003

KUWAIT

Kuwait And AOC Sign Partitioned Zone Agreement

The Kuwait government and the Japanese-owned Arabian Oil Company (AOC) on 29 December signed an agreement covering cooperation between the two after the expiry on 4 January of the latters 40-year concession for Kuwaits half-interest in the offshore Partitioned Zone oil and gas fields. On 3 December last year, Kuwaits Supreme Petroleum Council (SPC) approved the accord (MEES, 9 December 2002). Operation of the...