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  1. Oman Signs Key Agreements For Mukhaizna Field EOR Project

    ...oject at the Mukhaizna field under which Shell’s stake in the field will drop from 34% to 17%, according to an ONA report (MEES, 9 May). As operator, Occidental Mukhaizna will utilize thermal EOR techniques to develop some 1bn barrels of Mukhaizna crude and achieve production of 150,000 b/d by 2011, ac...

    Volume: 48
    Issue: 26
    Published at Mon, 27 Jun 2005

  2. EU Clears €18.7Mn In Aid For Palestinian Authority

    ...fectively cutting its liabilities by half. The move cuts the country’s debt service payments from $88mn in 1998 to $35mn in 2003 and pare payments down to an average of $39mn per year until 2011. Therefore debt service as a percentage of government revenue falls from 35% in 1998 to 11%. The move is part of th...

    Volume: 45
    Issue: 26
    Published at Mon, 01 Jul 2002