No. 19



Sharjah Awards Metco Offshore Concession In Arabian Sea

Sharjah has awarded Metco Inc of the US the rights to explore for oil in an area off the east coast of the emirate in the Arabian Sea. According to a source in the Sharjah Petroleum Council, Metco has contracted Western Geophysics of the US to begin a three-month survey in the territorial waters of Sharjah and neighboring Fujairah. The findings of the survey will then be studied for a further two months,...