Royal Dutch Shell Plc  .com Rotating Header Image

Shell seeks buyers for Oman field stake – sources

The sale process is led by investment bank Rothschild, the sources said. Shell and Rothschild did not respond to requests for comment. The Mukhaizna heavy oil field, operated by Occidental Petroleum (OXY.N), reached an average oil production rate of 127,000 barrels of oil equivalent per day in 2016, according to Occidental’s annual report. Shell is not selling its 34 percent interest in Petroleum Development Oman (PDO) which operated more than 160 oil fields mostly in the centre and south of the Middle East sultanate, according to the sources. FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

0 Comments on “Shell seeks buyers for Oman field stake – sources”

Leave a Comment

%d bloggers like this: