Saudi Arabia signs landmark agreement with majorsThree natural gas fields to be developed; ExxonMobil, Royal Dutch/Shell to manage fields; BP, TotalFinaElf, Conoco, Phillips, Occidental, Enron, Marathon also participating by The Associated Press
Saudi Arabia signed agreements with nine oil international oil companies June 2, a move that marks the first major foreign investment in its energy sector since it nationalized the industry in 1975.
The deal, worth at least $25 billion, involves the development of three natural gas fields in the ki....
[additional news subjects in this story]
Expectations aggressive Oil fields nationalized in 1975
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.
| 