RIYADH (AFX-ASIA) – Saudi Arabia’s Oil Minister Ali al-Nuaimi has signed a multi-billion-dollar landmark deal with a consortium led by Royal Dutch/Shell and Total for gas exploration and production in the south of the kingdom. He told reporters that the project’s exploration phase alone needs investment of US$2 billion. An official in his ministry put…
SAUDI ARABIA: Oil minister signs multi-billion-dollar deal with Shell, Total
Posted on November 24, 2003 by EnergyAsia