VOL. XXXIX
No. 56
21-October-1996
KUWAIT
KPC Sets Bid Date For North Sea E&P Holdings
The Kuwait Petroleum Corporation (KPC) has set 1 November as the bid date for Santa Fe Exploration (UK) Ltd. The latter 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. KPC announced its intention to sell its North Sea assets on 28 June and appointed Robert Flemings Holdings as financial...
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