Wednesday 29 March 2017
 
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OOC

Oman Oil targets capex of over $1bn in 2017

State-run Oman Oil Company (OOC) is planning a capital investment in excess of $1 billion across its subsidiaries this year, a report said. Capital investments are being weighed by the Group across the four verticals into which it

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Oman Oil to restructure to support expansion

State-owned Oman Oil Company (OOC), the national petroleum investment company, will restructure itself to support expansion and improve efficiency, chief executive Isam al-Zadjali said. "The size of the company has grown. OOC

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Musandam breaks ground for $336m power plant

Musandam Power Company, a joint venture between Oman Oil Company (OOC) and LG International, has laid the foundation stone for a power plant at Tibat in Musandam Governorate of Oman, a report said. The Musandam Independent Power P

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Musandam breaks ground for $336m power plant

Musandam Power Company, a joint venture between Oman Oil Company (OOC) and LG International, has laid the foundation stone for a power plant at Tibat in Musandam Governorate of Oman, a report said. The Musandam Independent Power P

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Musandam breaks ground for $336m power plant

Musandam Power Company, a joint venture between Oman Oil Company (OOC) and LG International, has laid the foundation stone for a power plant at Tibat in Musandam Governorate of Oman, a report said. The Musandam Independent Power P

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Oman Oil to restructure, privatise units

State-owned energy investment firm Oman Oil Co (OOC) will announce a new structure later this year, chief executive Issam al-Zadjali told reporters on Sunday. "With the new structure, the company will be focusing more on Duqm

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Oman revives ditched refinery, petchem plans

Oman is reviving its plans to build a refinery and a petrochemical plant after the projects were shelved last year due to a slowdown in the global economy, a senior official said on Monday. Oman is a small producer, but its oil is used to

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Oman Oil to buy stake in Hungarian firm

Hungarian oil firm MOL will sell 8 percent of its shares to Oman Oil Co (OOC) in a move analysts say will help it fight off a takeover approach. MOL will sell 8.77 million of its treasury shares to the government owned OOC at around 25,237

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