TOKYO (AFX-ASIA) – Mitsui and Co Ltd will acquire a 12.5% stake in an oil field development project off the western coast of New Zealand in return for taking on an equal percentage of the development costs, the Nihon Keizai Shimbun reported, without citing sources. The Tui oil field, with estimated reserves of 20 million…
JAPAN: Mitsui Co to participate in New Zealand oil field development
Posted on November 11, 2003 by EnergyAsia