Middle East Economic Survey
OOCEP Plans $1.1Bn Development Of Omans Abu Butabul Gas Field
The Oman Oil Company Exploration and Production (OOCEP) subsidiary of state-owned Oman Oil Company (OOC) is planning a $1.1bn development of the Abu Butabul gas discovery on its Block 60 concession in central Oman, the Oman Observer reported on 20 March. First phase production is intended to be 90mn cfd, with field start-up targeted for 1Q13. The company took over the...