Saudis meet with oil firm chiefs about $25 billion in gas projectsDifference in opinion over return for gas development; Saudis offer 8-12%, Exxon, Shell want 15-18% return, source says compromise reached John R. Bradley Associated Press Writer
Saudi Crown Prince Abdullah met with officials from the world’s top oil firms to discuss obstacles hindering investment projects in three core ventures worth $25 billion in the Gulf kingdom’s gas fields.
Abdullah, the oil-rich state’s de facto ruler, met separately June 23 with Phillip Watts, the c....
[additional news subjects in this story]
BP, Phillips, Total, also involved
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 