Oman’s ORPIC Shortlists Four Banks for Refinery, Observer Says
Oman Oil Refineries & Petroleum Industries SAOC shortlisted four banks to advise on the expansion of the Sohar refinery and a refinancing of debt, the Oman Observer reported, citing unidentified people familiar with the plans.
The company would need as much as $3 billion in financing for both projects, according to the newspaper. A financial adviser will be selected in the third quarter, the report said.
To contact the editor responsible for this story: Stephen Voss at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.