VOL. XXXVI
NO. 15
11-JANUARY-1993
SAUDI ARABIA
No Award of Oil Exploration on Development Rights in Prospect in SaudiArabia
There is absolutely no truth to recent suggestions in the trade press thatthe Saudi Government is considering awarding oil exploration or developmentrights - either in the form of concessions or service-type contracts - toforeign oil companies or Saudi private interests, MEES is informed by a reliableSaudi source. In other words, there has been no change in Saudi policy -...
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