VOL. XLIV

No. 02

8-January-2001

SAUDI ARABIA/KUWAIT

Saudi Arabia And Kuwait Initiate Processes Leading Eventually To Upstream Contracts With IOCs

Two of the worlds leading energy producers, Saudi Arabia and Kuwait, have taken steps towards a point where international oil companies (IOCs) will be in a position to bid for upstream contracts inthe two countries (for details, see following pages).

MEES learns that Saudi Arabia has presented IOCs seeking to invest in the kingdoms Natural Gas...