Oil concessions in Muscat and Oman
FO 371/126965 1957Description
This file contains correspondence relating to:
- Draft article [enclosed] which the shareholders of the Iraq Petroleum Company (IPC) wish to be inserted in their contract with the Sultan of Muscat and Oman Saeed Bin Taimur (1)
- The Sultan's dissatisfaction at the progress made by IPC. It also contains correspondence regarding a subsequent meeting between the Sultan and representatives of IPC and the IPC's agreement to provide more frequent reports to the Sultan (2)
- Surveys and drillings being carried out by IPC and Cities Service Company (3)
- Decision by Petroleum Development (Oman) to abandon the bore at Fahud (4)
- Discussion with William Lindsay and Mr Bird of IPC regarding the difficulties experienced by the company in Oman (5)
- News that Cities Services now have productive oil wells at Marmul and the hope that this might provide revenue for the reform of the Muscat administration and armed forces (6-8, 11)
- Need for the Sultan to confirm his proposed terms for an oil agreement and tax law, in light of the discovery of oil deposits at Marmul (9-10)
- Photostat copy of an article entitled 'First Oil Found in Southeast Arabia', that appeared in Petroleum Week on 9 August (12)