VOL. XLIV
No. 06
5-February-2001
CASPIAN
BP To Sell OKIOC Stake ToTotalFinaElf
BP announced on 2 February that ithas reached agreement in principle to sell its 9.5% stake in the OffshoreKazakstan International Operating Company (OKIOC) to TotalFinaElf, whichalready holds a 14.3% share in the consortium currently exploring the Kashaganoilfield in the northern Caspian Sea. A spokesman for BP said the company hasbeen looking for some time at our place in (the OKIOC) partnership with a viewto either...
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