BUSINESSWEEK ONLINE : APRIL 12, 1999 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS Bamocoparco? The new BP Amoco Arco at a glance CRUDE OIL PRODUCTION Will manage the biggest oil and gas field in the U.S., Alaska's Prudhoe Bay, controlling 1 million of the 1.3 million barrels of oil produced daily in Alaska. GAS PRODUCTION Consolidates BP Amoco's role as the biggest producer in Britain's North Sea where Arco has substantial reserves. Opens up access to Asian markets thanks to Arco's 13 trillion cubic feet of natural gas reserves in Indonesia. Other projects include the condensated gas field in Yacheng, China. OIL REFINING & MARKETING Arco's 1,760 West Coast service stations and two oil refineries in Washington and California complement BP Amoco's strong position east of the Rocky Mountains. The new entity will also have refining operations in Asia, including a partial share in a Chinese refinery. DATA: STANDARD & POOR'S/PLATT'S/WOOD MACKENZIE CONSULTANTS LTD. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					Return to main story INTERACT E-Mail to Business Week Online

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