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Petrogas to develop Oman oilfield
- Oman: Monday, February 11 - 2008 at 11:11
Petroleum Development Oman (PDO) has awarded a contract to Petrogas Rima (Petrogas) to develop a cluster of 18 small oil fields in the Rima area of south Oman, according to a company statement, reported Gulf News. Oman Oil Company (OOC) will also participate in the service contract as a partner with Petrogas. The contract was awarded on the basis of a highly competitive open tender in which more than 200 companies from both Oman and abroad participated. The 15-year service contract is aimed at raising the production levels of these fields, which contain more than 500 million barrels of oil and produce about 2,000 barrels of oil per day.
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Amena Bakr, Senior ReporterMonday, February 11 - 2008 at 11:11 UAE local time (GMT+4)
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