VOL. XXXIX

No. 55

14-October-1996

KUWAIT

KOC And Exxon Sign Agreement For Joint Technical Study Of Kar'a Al-Maru Field

Under an agreement signed in Kuwait on 6 October, the Kuwait Oil Company (KOC), the exploration and production subsidiary of the state-owned Kuwait Petroleum Corporation, and Exxon will undertake a joint technical study to evaluate the Kar'a al-Maru oil discovery which was announced by KOC in October 1995 (MEES, 30 October 1995). According to an Exxon statement, the joint...