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Article: Indonesian : Kuwait oil firm to spend $300m on acquisitions.
- Article from:
- TendersInfo
- Article date:
- February 27, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
The Kuwait Foreign Petroleum Exploration Co (Kufpec) plans up to US$300 million of investment in the Indonesian oil and gas sector despite slumping oil prices. Deputy managing director A. Naser Y. Al-Fulaij said Tuesday the company planned to realize the investment within two to three years by acquiring production facilities from other companies. We may invest ...
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