No. 06



UKs Lasmo And Kuwaiti Partners Say BP Amoco Is In Breach Of Contract On Project Kuwait

The UKs Lasmo, together with Khaleej Petroleum Company and Al-Nawasi Trading Company, both of Kuwait, filed a lawsuit in a New York court on 1 February alleging that BP Amoco was in breach of contract over its plans to bid for Project Kuwait (or North Project). This envisages a consortium of international oil companies (IOCs) developing the countrys northern oilfields...