Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

OMAN

Occidentals Onshore Block 27 Declared Commercial

Occidental Petroleum on 30 November declared its Block 27 (Wadi Aswad) commercial and announced plans to start oil production in July 2006. Block 27 covers approximately 2,500 sq km and is situated around 250km southwest of Muscat. Under-Secretary of the Ministry of Oil and Gas Nasir al-Jashmi said the project was significant since it would create the opportunity for the development...