Ras Al Khaimah signs new exploration and production agreement

RAS AL KHAIMAH, 19 November 2008--The Government of the Emirate of Ras Al Khaimah announced today that it had concluded a concession agreement with RAK Petroleum Al Khaleej Limited, a wholly owned subsidiary of RAK Petroleum Public Company Limited, granting it a 25-year petroleum concession in the Emirate.