Companies
Citic Resources And KUFPEC Join Forces
August 2007 | Contract NewsChinese metals producer Citic Resources Holdings and Kuwait Petroleum Corporation's (KPC) overseas exploration unit Kuwait Foreign Petroleum Exploration Company (KUFPEC) have expressed their interest to jointly explore for hydrocarbon reserves abroad, particularly in Indonesia. In this aim, the two companies signed a non-binding Memorandum of Understanding (MoU) on August 6.
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