You'll be signed off in 60 seconds due to inactivity

English news

24-Jan-2016

Occidental not planning to divest assets in Oman

Global energy giant Occidental Petroleum Corporation is not planning to divest its assets in Oman and other two Gulf countries, said the company’s chief executive officer. The US-based oil and gas firm never planned to exit Oman, Abu Dhabi and Qatar – three GCC countries whether the company has operations. The US company, according to media reports, has a substantial portfolio of hydrocarbon assets in the Sultanate, which include Mukhaizna oil block. Occidental, which has been operating in Oman for more than three decades, is the single largest independent oil producer.(Times of Oman)

Learn more about the cookies we use.