US firms say timetable may slip on Saudi gas deals

US companies fear that $30 billion in gas deals slated to be finalized this March with Saudi Arabia may be delayed due to diplomatic tensions between the White House and the kingdom.ExxonMobil Corp., the kingdom's largest single foreign investor, won most of the contracts last May. Conoco Inc., Phillips Petroleum Co., Occidental Petroleum Corp., and Marathon Oil Co. also received interests in various ventures the Saudis are planning.ExxonMobil is leading two of the three available "core ventures." The first project, which the Saudis are calling the most attractive investment opportunity, will include drilling in eastern Saudi Arabia at South Ghawar and using the gas to fuel two planne...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected