VOL. XLII

No. 19

10-May-1999

KUWAIT

KPC Selects Booz Allen & Hamilton To Restructure OilSector

Kuwait Petroleum Corporation (KPC) has awarded a KD550,000($1.8mn) contract to the US consulting firm Booz Allen & Hamilton toconduct a four-month study to restructure the oil sector. Last summer, KuwaitOil Minister Shaikh Sa'ud Nasir al-Sabah was given the green light by theSupreme Petroleum Council (SPC) to move ahead with plans for the upstream(exploration and production) and downstream...