Middle East Economic Survey

VOL. XLVIII

No 26

27-June-2005

Oman

Oman Signs Key Agreements For Mukhaizna Field EOR Project

The government of Oman on 21 June signed a production-sharing agreement and a joint operating agreement relating to the enhanced oil recovery (EOR) project at the Mukhaizna field under which Shells stake in the field will drop from 34% to 17%, according to an ONA report (MEES, 9 May). As operator, Occidental Mukhaizna will utilize thermal EOR techniques to develop some 1bn...