VOL. XL

No. 39

29-September-1997

KUWAIT

Prospects For Upstream Risk-Reward Deals Look Brighter In KuwaitBut Stiff Hurdles Remain On Way To Implementation

It now seems that, after lengthy debate, Kuwait's governmental authorities are movingtowards a general acceptance of the proposition that Kuwait stands to gain significantbenefits from allowing qualified foreign oil companies to take on some kind of moreextensive participation in the country's upstream oil development. According to MEES...