China’s Sinopec will invest between $22 million and $29 million on exploration projects in Oman as part of an oil and gas concession agreement it recently signed with the Omani government. The deal marks state-owned Sinopec’s entry into Oman, with project work due to start early next year, reported the Khaleej Times. The agreement, signed…
OMAN: Sinopec to invest US$22 million in exploration projects
Posted on September 3, 2004 by EnergyAsia