Article: OMAN: OMAN SETS SIGHTS ON OIL PRODUCTION DECLINE REVERSAL.(Brief Article)

According to "Oman Observer", Oman is well on the target to reverse the oil production decline with new discoveries and state-of-art drilling technologies in an effort to gradually increase output from 2005. Oil ministry officials say that the latest technologies and newly discovered fields would increase Oman's oil production by 50,000 barrels per day from 2005. Petroleum Development Oman (PDO), which produces 90 per cent of Oman's oil, said its crude output fell to 703,000 barrels per day in ...

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