News listings

energy-pedia general news

Oman flagOman

Middle East / Africa >>> Oman

Oman: Indian Oil buys 17 per cent stake in Oman’s Mukhaizna oil field


11 Apr 2018

Photo - see caption

Indian Oil Corp has acquired a 17 per cent participating interest in the Mukhaizna oil field, Oman, through its wholly owned Singapore subsidiary. The field has been acquired by taking a 100 per cent equity stake in Shell Exploration & Production, Oman, from Shell Overseas Holdings for $329 million.

An Indian Oil statement said that the Mukhaizna is the single largest producing individual oilfield in Oman that contributes to 13 per cent of total Omani crude production with a current production of 1,20,000 barrels per day.

This is IOCL’s first producing upstream acquisition in Oman. The field is operated by Occidental Mukhaizna with a 45 per cent stake. The other partners are Oman Oil Company (20 per cent), Liwa Energy (15 per cent), Total E&P Oman (2 per cent) and Partex (Oman) Corp (1 per cent).

Original article link

Source: BusinessLine





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Publicly Available Deals

See all deals...

Subscriber Only Deals

Current deals: 1645
Completed deals: 4875

Company Profiles

Current Company Profiles: 2565

Corporate Activity

Current Corporate Activity articles: 3046

Companies Looking

Current number of articles: 420

Company Sales

Current Company Sales articles:1225

Geostudies

Current Geostudies articles: 557

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

count geophysics
Rose & Assocs 149
SLR Consulting logo
OPC
RSK Logo 149
Bayphase
Union Jack Oil 149
Lynx Information Systems
EP Consult Energies
energy365
KL Publishing
Government of South Australia
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com