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Occidental wins Oman oil field
- Oman: Sunday, July 17 - 2005 at 09:00
Occidental announced that a Royal Decree has been issued in Oman approving its development of the Mukhaizna oil field, one of the largest in the sultanate. Oman Oil will hold 20%, Shell Oman 15%, Liwa Energy 15%, Total 2% and Partex 1%. Occidental and partners will invest $2bn to raise output to 150,000 bpd over five years.
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Peter J. CooperSunday, July 17 - 2005 at 09:00 UAE local time (GMT+4)
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