VOL. XLIII

No. 16

17-April-2000

KUWAIT

Kuwait To Offer Further Santa Fe Share Sale

Kuwaits Supreme Petroleum Council (SPC) has authorized the Kuwait Petroleum Corporation (KPC) to publicly offer some of the shares that the company owns in Santa Fe International Corporation. A spokesman for the Dallas-based drilling contractor confirmed on 7 April that KPC would be offering some of its stock, but would not disclose the number of shares involved. In a statement, Santa Fe said KPC owned about...