Tuesday 5 November 2024
 
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Oxy

Occidental Oman to explore hydrocarbon options in Block 53

Occidental Oman (Oxy), the largest independent oil and gas producer in the Sultanate, plans to uncover the hydrocarbon potential in its Block 53 licence, a report said. “Recently we have started our exploration programme whe

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Occidental to sell Zubair stake to Iraq's South Oil

Occidental Petroleum, the fourth-largest US oil producer, will sell its stake in the 4-billion-barrel Zubair oilfield to Iraq's state-run South Oil Company (SOC), Iraqi oil officials said.   "Occidental

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Wintershall examining stake in Occidental's Libyan oil assets

Germany's Wintershall is eyeing a stake in the Libyan oil assets of Occidental Petroleum, the chairman of Libya's National Oil Corp (NOC) said.   Mustafa Sanallah said NOC had given Wintershall, a subsidi

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Oman Oil ready to buy Oxy local assets

Oman Oil Company is in talks with Occidental Petroleum Corp to buy its assets in the sultanate but is still waiting to know the specifics of the potential sale from the US company, the Omani firm's chief executive said on Tuesday.

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Oxy in talks with Mubadala over Iraq oil stake

Occidental Petroleum Corporation (Oxy) is in negotiations with Abu Dhabi about its government investment fund, Mubadala, sharing in the US oil company's stake in Iraq's massive Zubair field, a top official said. "We're going to share part

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Mubadala, Oxy to develop Oman gas fields

Occidental Petroleum Corporation (Oxy) and Mubadala Development Company of Abu Dhabi (Mubadala) will jointly develop four existing gas fields and explore for potential new discoveries in a newly-formed contract area in Northern Oman. The

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Abu Dhabi firm, Oxy enter joint venture deal

Occidental Petroleum Corporation has signed an agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) for joint participation in hydrocarbon-related investments. The agreement between Oxy and IPIC, a company wholly ow

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