Middle East Economic Survey

VOL. LI

No 39

29-Sept-2008

oman

Oman Exploration Setbacks Force Indago To Rethink Strategy

A series of operational problems with its onshore Oman exploration program has prompted UK independent Indago to look to bring in fresh investors, the company announced in its mid-year report, published on 23 September. The problems started with a blow-out on the al-Jariya-1 well on the Jebel Hafit prospect in Block 31 in early February (MEES,7 April). Efforts to rescue the...