OMAN MOVES TO EXPAND INDUSTRY OPERATIONS

Oman has agreed to expand petroleum industry ties with Caltex Petroleum Corp. to include several joint refining and marketing deals in Asia. Under a preliminary agreement signed last month, the Omani-Caltex combine is to cover activities and projects in Caltex areas of operations where the two hold interests. As a first step, Oman and Caltex formed CXO Ltd. to join the Petroleum Authority of Thailand (PTT) in building a 130,000 b/d grassroots refinery at Map Ta Phut, Thailand. The $1.9 billion

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