VOL. XL

No. 27

7-July-1997

KUWAIT

Kuwait Weighs Options For Upstream Production Sharing Deals

The Kuwait Petroleum Corporation (KPC) is currently evaluating various offers it hasreceived for participation by foreign oil companies in upstream oil development whichwould go beyond the scope of its existing technical assistance contracts withinternational firms such as Chevron, BP, Exxon and Shell. The Kuwaiti Oil Minister, Mr.Issa al-Mazidi, told MEES in an interview in Vienna that KPC is now...