Middle East Economic Survey

VOL. XLVIII

No 29

18-July-2005

MEES Agenda

Oman Pursues Oil Sector Rebound As Oil Output Declines Slow

Oman has succeeded in slowing the rate of decline in its overall oil production through an array of operational measures and new corporate policies in recent years. The decision in May to bring in a new operator for the enhanced oil recovery (EOR) project at the Mukhaizna oilfield demonstrated a growing appetite to tackle the problem head-on and speed up the recovery...