Saudi Arabia Announces Consortium Members For Core Ventures In Gas Initiative
The Saudi Supreme Petroleum Council (SPC) on 18 May announced the names of the international oil companies (IOCs) that have been selected from the original shortlist to form consortiums for the three Core Ventures (CVs) in the Saudi Natural Gas Initiative. The consortiums are:
- Core Venture No 1 (South Ghawar Area Development): ExxonMobil, Shell, BP and Phillips.
- Core Venture No 2...