No. 44



Reading & Bates To Drill In Offshore Ras Al-Khaimah

Ras al-Khaimah Oil and Gas Company has contracted Reading & Bates of the US tostart drilling in offshore Ras al-Khaimah at the end of December 1997. Ras al-Khaimah Oiland Gas, which in January 1996 was awarded an oil and gas exploration and productionpermit covering all onshore and offshore areas of the UAE emirate of Ras al-Khaimah exceptfor the B-Block, said in a statement that the US company will...