Oxy Oman Extends Operations in Onshore Block 53 for 15 Years

• Sunday, 22nd June 2025
• by Doaa Ashraf

Oxy Oman, a wholly owned subsidiary of U.S Occidental Petroleum (Oxy), has secured a 15-year extension of its Exploration and Production Sharing Agreement (EPSA) for the onshore Block 53 in south-central Oman, where i...

SONATRACH, Oxy Enter Agreements to Expand Hydrocarbon Cooperation

• Wednesday, 16th April 2025
• by Fatma Ahmed

On the sidelines of the US-Algeria Energy Forum 2025, SONATRACH and its partner, Occidental Petroleum (Oxy), signed two Memoranda of Understanding (MoUs) to consolidate and expand their cooperation through new partner...

Occidental Petroleum Exceeds Third-Quarter Profit Estimates

• Wednesday, 13th November 2024
• by Doaa Ashraf

Occidental Petroleum released its third quarter on Tuesday, reporting adjusted profit of $977 million or $1.00 per share surpassing analysts’ expectation of $0.74 adjusted per share income. “Strong operational p...

Eni Signs New Production Sharing Contract on Algerian Blocks 404, 208

• Wednesday, 20th July 2022
• by Israa Ibrahim

Eni has inked a new production sharing contract (PSC) for blocks 404 and 208 in Algeria with SONATRACH, Oxy, and TotalEnergies. These onshore blocks are located in Eastern Algeria’s Berkine basin, an area where ...

Oxy, CNR bid for onshore Bahrain Gas E&P contract

• Thursday, 9th July 2009
• by Egypt Oil & Gas

Bahrain Petroleum Co., or Bapco, is evaluating two bids on behalf of the National Oil and Gas Authority, or NOGA, received last month for a deep gas exploration and production sharing contract under tender for onshore...