VOL. XXXVII
NO. 25
21-MARCH-1994
Saudi Private Oil Group Acquires Sweden's OK Petroleum
Corral Petroleum Holdings AB, a newly established Saudi private oil group,has concluded an agreement to purchase Sweden's OK Petroleum for Swedish Kronor(SK) 9.5bn ($1.2bn). Corral, a Swedish registered company, is owned by theprominent Saudi businessman Shaikh Muhammad Husain al- 'Amudi. The company'sCEO, Dr. Ghazi Habib - a one-time director of marketing and subsequentlyplanning in Saudi Arabia's former...
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