Middle East Economic Survey
VOL. LIII
No 22
31-May-2010
MEESAgenda
Independents Growing In Importance For Gulf Oil And Gas Developments
Gulf area independent oil and gas companies have made a series of recent acquisitions and discoveries, highlighting their growing role in the Middle East. UAE-based RAK Petroleum (RAK) has boosted its equity stake in Norways DNO to 30%; Kuwait Energy Company (KEC) and UAE-based Dana Gas announced new discoveries in Egypt; and Kuwaits Aref Energy is considering...
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