VOL. XLIII

No. 16

17-April-2000

SAUDI ARABIA/KUWAIT

AGOC And AOC Sign Joint Operating Agreement For Neutral Zone Offshore Oilfields

The Aramco Gulf Operations Company (AGOC) and Japans Arabian Oil Company (AOC) have now formally signed a joint operating agreement for the conduct of oil and gas activities in the offshore portion of the Saudi Arabia-Kuwait Neutral Zone, with the former representing the Saudi Governments half-interest and the latter the Kuwaiti Governments half-interest. The...