VOL. XLVI

No 30

28-July-2003

SAUDI ARABIA

IOCs To Bid For Three Gas Blocks In Former CV 1 Package

The Saudi Ministry of Oil, in a meeting in London on 22-23 July with the representatives of 41 international oil companies (IOCs), gave details of 120,000 sq km of acreage, divided into three contract areas, that will be open to bids for natural gas exploration and production (E&P). The areas in question were originally included in the package associated with the Core Venture 1 (CV 1) under the...