No. 16



Dubai Offshore Output Projected To Drop Below 200,000 B/D By 1998

Unexpected light on declining oil production projections in the offshore fields of the UAE emirate of Dubai has been shed in a new authoritative report on the Spanish company Repsol compiled by the energy team of Salomon Brothers. The report gives figures for Repsol's net oil production from the Dubai offshore fields in which it has a 25% stake - actual for 1992-94 and projected for...