VOL. XLVI

No 50

15-December-2003

SAUDI ARABIA

Saudi Upstream Gas Contracts To Be Awarded In Late January

The Saudi Ministry of Petroleum and Mineral Resources plans to announce the results of the three non-associated gas upstream blocks on 26, 27 and 28 January. Each day the bids for one particular bloc (three areas have been selected measuring 29,900, 38,800 and 51,400 sq km) will be opened and the winning company/consortium will be announced. The companies can modify their bids for the remaining...