VOL. XLVI

No 42

20-October-2003

SAUDI ARABIA

Ratification Procedure For Shell/Total/ Saudi Aramco Gas Joint Venture Being Finalized

Shell, Total and Saudi Aramco have recently signed and exchanged the necessary documents to set up a joint venture to carry out gas exploration in an area in the south of the Rub'i al-Khali, Saudi Oil Minister Ali Naimi said in a statement to the Saudi Press Agency (SPA) on 11 October (MEES, 13 October). Currently, the required statutory procedures for the...