Occidental Signs PSA For Oman Block 27
Occidental Petroleum Corporation of the US on 15 June signed with theOman Ministry of Oil and Gas an exploration and production sharing agreement (PSA)covering the 2,485-sq. km. block 27 which is located in central northeast Oman on thesoutheastern border of the company's producing Sunainah block 9 (for location, see map in MEES,20 April). According to an Occidental press release, the acquisition complements thecompany's...