Mubasher: Oman Oil Company has signed a memorandum of understanding (MoU) with Kuwait Petroleum Corporation (KPC) for a partnership at Oman’s Duqm refinery project, the Omani oil ministry said on its official account on Twitter.
The ministry said that KPC has become a partner in the project instead of the UAE firm IPIC.
The ministry added on Wednesday that KPC’s share in the project accounts for 50%.
