That’s at least 2000 off the payroll. Good luck to Ades trying to turn around that steaming pile that is in Algeria. Saudi has already been carved up by others so Kuwait and the KOC contracts the only thing liable to make the deal palatable.
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Hay now, that cash from the sale will pay thei interest payment on their debt.
Bank should be happy on that one at least, until the next payment is due.
287m. Just a drop in the bucket