VOL. XXXIX
No. 40
1-July-1996
KUWAIT
Kuwait Offers North Sea E&P Holdings For Sale
The Kuwait Petroleum Corporation (KPC) announced on 28 June that it has decided to offer the London-based firm, Santa Fe Exploration (UK) Ltd. for sale. The company, whose oil production from North Sea holdings averaged 60,000 b/d last year, is a wholly-owned subsidiary of the KPC-owned KP North Sea Holdings Ltd. According to a statement by Mr. Nader Sultan, KPC Deputy Chairman and Managing Director,...
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