Kuwait Petroleum reduces stake in Santa Fe Int.

Published July 9th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

(MEBG) — Principal shareholder SFIC Holdings (Cayman) Inc., a wholly owned subsidiary of Kuwait Petroleum Corp., has publicly sold 30 million of its common shares of Santa Fe International Corp., Dallas, an international offshore and land contract driller. 

The sale reduced Kuwait Petroleum's ownership of SDC to approximately 39 percent of the common shares of Santa Fe International. 

© 2000 Mena Report (www.menareport.com)

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