Times of Oman | News :: Oman Oil eyes Oxy’s assets in the Sultanate:
"Oman Oil Company, the Sultanate's investment arm, is interested in buying Occidental Petroleum's assets in the country, said a senior official at the Ministry of Oil and Gas.
Occidental (Oxy), which plans to sell its Middle East assets, recently said that it may break up the assets in the Middle East region to sell it to individual countries, rather than its earlier plan to sell it to a consortium, due to the recent political tensions.
Earlier, state investment firms of Oman, the United Arab Emirates and Qatar formed a consortium to buy the US firm's assets in the Middle East, which is estimated to cost around $8 billion. "
'via Blog this'
No comments:
Post a Comment