VOL. XLII

No. 19

10-May-1999

OMAN

Elf Abandons Butabul Concession To Omani Firm

France痴 Elf has relinquished its onshore Butabul concessionin central Oman to MB Petroleum Services, a local Omani company. The transferhas been approved by Sultan Qaboos. Last October, the Managing Director of ElfPetroleum Oman, Mr. B. Bouillol, said that Elf had decided to end its oilexploration and production operations in Oman. However, Elf Lubricants willremain active in the country as a separate company (MEES, 9...