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Oxy Seeks to Extend Mukhaizna as Oman 'Keeps on Giving'

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Occidental Petroleum is in advanced talks with Oman to extend its Block 53 concession, containing the Mukhaizna heavy oil field, until 2050 and sees further upside potential from discoveries in the north, CEO Vicki Hollub said this week.

Topics:
Corporate Strategy, Exploration, Crude Oil, Gas Processing and Gathering, Exploration, EOR
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