VOL. XXXIX

No. 47

19-August-1996

IRAN

Malaysia's Petronas Teams Up With Total On Sirri Project

It appears that the long running search by France's Total for partners willing to share the investment burden for its $600mn Sirri-E and Sirri-A offshore oilfield development project has at last borne fruit in the form of Malaysia's Petronas. MEES understands that the Malaysian national oil company, through its wholly-owned subsidiary Petronas Carigali Overseas Sdn. Bhd., agreed to assume a...