Japan Petroleum Development Company Relinquishes Omani Concession
The Japan Petroleum Development Company (Oman) Ltd. (JPDC) a consortiumcomprising Nippon Oil, Teikoku Oil, the Japan National Oil Corporation, MitsuiOil Exploration and NisshoIwai has decided to relinquish its 15,000 sq. kms.concession covering block 3 in central Oman. The group's decision was takenafter having drilled eight exploratory wells. The production-sharing concessionwas awarded to JPDC...