VOL. XLV

No 10

11-March-2002

SAUDI ARABIA

RBS And GIB Appointed Financial Advisors To Saudi IWPP

The Royal Bank ofScotland and Gulf International Bank have been jointly awarded an advisorymandate for an Independent Water and Power Project (IWPP), that is part of theCore Venture 3 (CV3) component of the Saudi natural gas initiative led by RoyalDutch/Shell Group, TotalFinaElf and Conoco (MEES, 27 November 2000). MEESunderstands that the mandate, launched last fall, is to provide...