Friday, October 24, 2008

Oxy to explore offshore blocks

Bahrain: Occidental Petroleum (Oxy) is seeking to expand its role in the Middle East by exploring offshore Blocks Three and Four.

Together with Bahrain Petroleum, Oxy will look at wells and seismic information from the area. President of Oxy, R. Casey Olson told the Oxford Business Group his company had a strong understanding of future trends in exploration. "This, combined with information provided by the government of Bahrain, has resulted in a number of ideas that could lead to the discovery of new oil and gas fields in the kingdom," he said.
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