Adam Sevcik

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50/50 split concept in the early 1960s to the present split of about 98 percent for the Government and 2 percent for the companies.” They hoped now to work out a satisfactory arrangement. But they were told, quite firmly, that Kuwait intended to take over 100 percent, that it was a matter of sovereignty, and that the question was not open to debate.
The Prize: The Epic Quest for Oil, Money, and Power
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