Abu Dhabi’s International Petroleum Investment Company (IPIC) and Oman’s state oil firm Petroleum Development Oman (PDO) signed a cooperation agreement for investment projects in oil, gas and petrochemicals, Oman’s state news agency said.
The agreement will include of oil refineries and petrochemical projects as well as exchanging experience and technologies, said Nasser bin Khamees Al Jashmi, the undersecretary of oil and gas ministry.
He did not give any details about the exact plans or the timeline.
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