VOL. XLI

No. 41

12-October-1998

QATAR/UAE

Arco Buys Gulfstream Share In Dubais Margham Field

Atlantic Richfield Company (Arco) announced on 6 October that itssubsidiary, Arco Dubai Inc., has acquired Gulfstream Resources Canada Limited's 25%interest in the Margham field in Dubai, with effect from 30 September 1998. Thisacquisition brings Arcos interest in the Margham field to 100%. The two companiesare also entering into a cost-sharing agreement for the upstream development of a Qatarnatural gas...