VOL. XXXVIII

NO. 12

19-DECEMBER-1994

Oman

MPM Official Outlines Oman's Five-Year Oilfield Development Plans

Expenditure totaling some $4bn over the course of the next five years will berequired to sustain and increase production levels in Oman and offset thenatural decline of oilfields currently onstream, according to recent remarksmade by a senior Ministry of Petroleum and Minerals (MPM) official. In hisaddress to an investment conference held in Muscat earlier this month, Mr. Alibin Thabit Al...