VOL. XL

No. 26

30-June-1997

OMAN

Omani-US Firms To Set Up Joint Venture Plant At Rusail For Production Of DrillingEquipment

The Omani private firm United Engineering Services Company (UESC) has signed anagreement with the US firm Cooper Cameron Corporation to set up a joint venture toconstruct a plant for the production of oil and gas exploration drilling equipment at theRusail Industrial Estate. According to Mr. Hasan bin Qamar Sultan, the Chairman of theBoard of UESC, work on the OR1.1mn...