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Friday, August 23, 2019 14:17 GMT

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Top News of Oman

Omani Block on Track for 1st Oil by End-2019

published:22/08/2019 04:42 GMT

Rex International Holding Limited, the majority shareholder in Masirah Oil Limited (MOL) — which has a 100 % interest in the offshore Block 50 enveloping Masirah Island — says it is on track to bringing its landmark ‘GA South Discovery’ — the first of its kind off Oman’s eastern seaboard — into production before the end of this year. Singapore-listed Rex International — well-known for its proprietary Rex Virtual Drilling technology — has a 92.65 % shareholding in Masirah Oil Limited, the...More


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