VOL. XLV

No 46

18-November-2002

OMAN

Oman Oil Company Buys BP Stake In BP Oman

The state-owned Oman Oil Company (OOC) announced on 13 November that it had agreed to acquire BPs 49% stake in BP Oman for an undisclosed amount, according to a statement released by OOC on 12 November. BP Oman operates 74 petrol stations, nine lubrication stations and air fueling services in the sultanate. A spokesperson for BP Oman said: BP Omans aim is to remain a world-class convenience retailer, building on and...