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Medco wins small field deal
- Oman: Tuesday, March 21 - 2006 at 10:10
Indonesian firm Medco Energi International has signed an agreement with Petroleum Development Oman to develop a cluster of 18 small fields in the Nimr-Karim area of southern Oman, reported the Times of Oman. The deal gives Medco a ten-year mandate to lift small field production, allowing PDO to concentrate on the country's larger deposits.
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James McInerney, News EditorTuesday, March 21 - 2006 at 10:10 UAE local time (GMT+4)
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