Oilex-Led JV Wins Block 56 in Oman

Oilex NL says that the Government of the Sultanate of Oman has awarded block 56 to the consortium of Oilex (25% and Operator) and it's Indian partners, Gas Authority of India Limited (25%), Videocon Industries Ltd (25%), Hindustan Petroleum Corporation Ltd (12.5%) and Bharat Petroleum Corporation Ltd (12.5%). The award was made subsequent to evaluation of offers made under the recent bidding round that closed on January 1, 2006.
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