VOL. XXXIX

No. 5

30-October-1995

SAUDI ARABIA

OK Petroleum Subsidiary Swaps North Sea Interest With British Gas

The upstream subsidiary of Sweden's OK Petroleum, Svenska Petroleum Exploration UK Ltd., announced on 20 October that it would swap its 15% interest in block 22/2a in the North Sea for a 6.45% interest in block 30/17a (the "Janice" field), held by British Gas Exploration and Production Ltd. Other partners in the field include Kerr-McGee Oil (UK) Plc as operator, Phillips...