VOL. XLIV
No 50
10-December-2001
OMAN
Petrogas To Buy Japex痴 Block 5Concession
Oman痴 Petrogas, a subsidiary ofMB Petroleum (also of Oman), announced on 3 December that it was planning tobuy Japan Petroleum Exploration Company痴 (Japex痴) Block 5 oil concession.Japan National Oil Corporation (JNOC), which holds a 60% share in Japex,decided last March to liquidate Japex Oman and Niigata Oil Exploration Company(MEES, 26 March) as part of a majorrestructuring program (for details, see MEES 1 October)....
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