VOL. XLII

No. 36

6-September-1999

BAHRAIN

Bahrain Signs MOU With Texaco For Onshore-Offshore TechnicalStudies

The Bahraini Government and Texaco signed on 31 August amemorandum of understanding (MOU) according to which Texaco will undertaketechnical studies in onshore and offshore areas to evaluate the potential ofhydrocarbon resources. The agreement was signed in Manama by Bahraini OilMinister Shaikh 'Isa bin Ali al-Khalifah and Mr. David Codd, Managing Directorof Texaco Ltd. According to Shaikh...