US mini-major Oxy has found itself caught in the middle of a diplomatic spat between the UAE and Qatar, whose state-owned entities were in discussion for a joint bid with Oman Oil for minority stakes in Oxy’s Middle East and North Africa assets.
These plans have now stalled and are unlikely to move forward, a senior executive at one of the MENA joint ventures with Oxy tells MEES. (CONTINUED - 847 WORDS)
