Middle East Economic Survey

VOL. XLVIII

No 19

9-May-2005

oman

Occidental Signs Heads Of Agreement For Mukhaizna Oilfield EOR Project

Occidental Petroleum announced on 2 May that it had signed a heads of agreement (HOA) with Oman to carry out an enhanced oil recovery (EOR) project at the Mukhaizna oilfield, one of the largest in the country. Under the terms of a new production-sharing contract, Occidental will be operator of the field, partnered by Abu Dhabi-based Liwa Energy, which is also...