Tag: Japan National Oil Corp.
Iran: gas joint venture
Japan recently reached an agreement with Iran and Qatar that will allow a Japanese consortium a large share in the development of the 2 largest natural gas fields in the world.
Oman production boost
MB Petroleum and its new partner, CNPC, will invest a total of USD 220 million over the next four years to achieve a projected five-fold increase in oil production at the Sultanate's Mezoon-5 oil concession.