Middle East Economic Survey

VOL. XLVIII

No 3

17-January-2005

OMAN

Daleel Petroleum Says 2004 Output In Omans Block 5 Hit 15,000 B/D Target

Daleel Petroleum on 7 January reported that production in Omans onshore Block 5 had reached 15,000 b/d, up from 8,000 b/d at the start of 2004. Daleel Petroleum is a 50:50 joint venture between China National Petroleum Corporation (CNPC) and Petrogas, a subsidiary of Omans MB Petroleum. Petrogas acquired the Block 5 concession from Japan Petroleum Exploration...