OMAN

Oxy Proceeds With Oman Asset Sale

State-owned Oman Oil Company (OOC) plans to buy a share of Occidental Petroleum’s (Oxy) Oman assets, as the US independent’s planned partial divestment of its Middle East assets moves forward. “We are now in negotiations with Occidental to buy their assets here in the sultanate,” OOC CEO ‘Isam al-Zadjali, told reporters on the sidelines of the Oman Energy Forum in Muscat this week. “Now we are waiting for them to...