Royal Dutch Shell is looking to sell its stake in Oman’s Mukhaizna oilfield, Reuters reports.
The company has a 17% stake in the oilfield, which is operated by Occidental Petroleum, according to the Oman Tribune.
In 2016, the oilfield produced 127,000 barrels per day (b/d), Reuters reports. The sale is estimated to bring in up to $200 million.
Following its acquisition of BG, Shell has moved to liquidate non-core assets around the globe, according to Reuters.
Earlier this year, the company indicated it was relinquishing its stakes in several Iraqi oilfields.