Occidental retenders Oman contract

29 March 2010

A contract estimated at $80m has been retendered by Occidental Mukhaizna, a subsidiary of the US-based Occidental Petroleum, to build a new crude oil stabilisation plant in Oman after making cost-saving changes to the scope of the project, Meed has reported, citing sources close to the project. The project includes the construction of facilities to maintain reservoir pressure and production levels at the Mukhaizna oil field, which Occidental is developing. It is one of a series of projects under development in Oman to increase hydrocarbons production using enhanced oil recovery techniques, the magazine reported.

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