Kufpec takes Indonesia plunge

State-run Kuwait Foreign Petroleum Exploration Company (Kufpec) has bought an Indonesian unit of ConocoPhillips for $330 million, a spokesman for Indonesia's oil and gas watchdog BP Migas said today.

Setting sail: Kuwait's Kufpec
Setting sail: Kuwait's Kufpec
Published 28 August 2007, 08:08Updated 7 October 2016, 08:20
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