Middle East Economic Survey

VOL. LIII

No 42

18-Oct-2010

OMAN

CCED Makes Light Crude Find In Oman

The sultanates increasing reliance on heavy oil has impacted export blend.

A consortium, led by Lebanese independent Consolidated Contractors Energy Development (CCED), has produced 3,079 b/d of light crude from a test well, its partner Swedish independent Tethys announced on 11 October. The light crude discovery is a welcome find for Oman, whose increasing reliance on heavy crude during its...