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Shell boosts project stake
- Saudi Arabia: Wednesday, May 28 - 2008 at 11:53
Royal Dutch Shell has raised to 50 from 40% its stake in a project to explore for gas in Saudi Arabia's Empty Quarter after French Total pulled out of the joint-venture, reported Gulf Daily News. Saudi state-oil company Aramco's stake in the South Rub Al Khali joint-venture will rise to 50% from 30%.
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Jeff Florian, Senior ReporterWednesday, May 28 - 2008 at 11:53 UAE local time (GMT+4)
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