Oman’s Mukhaizna Project implements ProCon
8over8 signs deal with the Oxy operated Mukhaizna project in Oman to license and implement its ProCon contract management system.
As operator, Occidental Mukhaizna LLC will utilise thermal techniques to develop about 1 billion barrels of Mukhaizna crude and achieve a production of 150,000 barrels per day by 2011, according to a statement by the Ministry of Oil and Gas. Through this new pact, Occidental Mukhaizna will have 45 per cent shares of the joint venture, 20 per cent by Oman Oil Company, 17 per cent by Shell Oman Trading Company Limited, 15 per cent by Liwa Energy, two per cent by Total Oman and one per cent by Partex (Oman) Corporation.
