Oman To Take 40% Stake In Khazzan Tight Gas Deal
State-controlled Oman Oil Company (OOC) is set to take a 40% stake in BP Oman, once discussions over the long-awaited $15bn development of the Khazzan-Makarem tight gas fields in Block 61 conclude, and BP declares commerciality, Oman’s Minister of Oil and Gas Muhammad al-Rumhy has revealed.
Talks between the Omani government and the British oil major had been deadlocked for more than three years over a...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!