VOL. XL

No. 9

3-March-1997

SAUDI ARABIA

Egyptian-Saudi Firm To Drill For Saudi Aramco

The Drilling and Petroleum Services Company (DPSC) - an Egyptian-Saudi company - is scheduled to start drilling in Saudi Arabia's Ghawar field in mid-May, a Saudi Aramco official of Aramco announced last week. DPSC is owned 70% by the Egyptian Drilling Company, an affiliate of the Egyptian General Petroleum Corporation (EGPC), and 30% by Suwiket Trading Company of Saudi Arabia. DPSC's two rigs will join a fleet...