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Oman Oil Co inks development deal for Duqm liquid jetty

Oman Oil Co (OOC) has signed a joint development agreement with Port of Duqm Co (PDC) for the construction and management of a liquid jetty at the port, Muscat Daily has reported. The agreement includes establishing a joint venture company, Duqm Petroleum Terminal Co, in which OOC will hold a 90% stake, with the rest held by PDC. The new venture will operate and manage the liquid jetty at the port.