VOL. XLIV

No 48

26-November-2001

GENERAL

InitialImpact Of Conoco/Phillips Merger On Middle East Operations Limited

The19 November merger of Conoco and Phillips to form the third-largest integratedoil company in the US, ConocoPhillips, is unlikely to have a major impact on theoperations of the two companies in the Middle East until the merger reachesfinancial closure, which is scheduled for the latter half of 2002, MEESunderstands. According to MEES soundings, the two companies willcontinue to...