VOL. XLIII

No. 18

1-May-2000

SAUDI ARABIA

Consultation Process For IOC Investment In Saudi Arabia Progresses

The process of consultation between Saudi Arabia and international oil companies (IOCs) seeking to invest in upstream and integrated gas-based projects and downstream oil development in the kingdom is progressing apace. The first round of preliminary discussions between IOCs and the Ministerial Negotiating Committee of the Saudi Supreme Council for Petroleum and Mineral Affairs ended on...