VOL. XLII

No. 07

15-February-1999

KUWAIT

Supreme Petroleum Council Approves Plans For UpstreamInvestment By Oil Companies

Kuwait痴 Supreme Petroleum Council (SPC) has approved plansto invite bids from international oil companies for the conclusion of"operating service agreements" (OSAs) for the upstream development ofselected oilfields in northern and western areas of Kuwait, and to restructurethe Kuwait Petroleum Corporation (KPC). The SPC met on 7 February to discussthe plans which were...