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Tag Archives: Aban VII jack-up rig

Masirah Oil gets new funding from Rex Oman

Rex Oman, a unit of Singapore-based Rex International Holdings, has injected $8 million into Masirah Oil Limited (MOL), the operator and 100 per cent owner of Block 50 offshore Oman’s east coast. The funding follows a subscription of new shares of Masirah Oil (MOL), said an Oman Daily Observer report. “The capital injection was necessary to allow (Masirah Oil Limited) ...

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