Oman Government Forms Energy Development Oman Which can Raise Debt and Attempt to be More Independent

Posted on 12/07/2020


Hydrocarbons account for about 75% of the Oman’s revenue. The Oman government formed a new state energy company called Energy Development Oman. Energy Development Oman will own part of the Gulf nation’s largest oil block and be able to raise debt. Energy Development Oman will own shares in Petroleum Development Oman, a state-owned oil and […]

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