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PetroTel selects offshore bank to support Musandam project


PetroTel selects offshore bank to support Musandam project
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NEW FINANCING: PetroTel’s local subsidiaries PetroTel Oman LLC and PetroTel Oman Offshore LLC operate Block 17 and Block 40 respectively
in Musandam -
MUSCAT, Dec 19  -
National Bank of Oman (NBO) has been selected as the onshore bank for PetroTel Oman LLC, which has just secured a $300 million financing from the US International Development Finance Corporation (DFC) for its oil and gas projects in Oman’s Musandam peninsula.
PetroTel Energy is an exploration and production company headquartered in Texas, USA, PetroTel’s local subsidiaries PetroTel Oman LLC (PTO) and PetroTel Oman Offshore LLC (PTOO) operate Block 17 and Block 40 respectively in Musandam. ....

United States , Sultanate Of Oman , Asif Redha , National Bank , Petrotel Oman , Us International Development Finance Corporation , Petrotel Energy , Petrotel Oman Offshore , Ministry Of Energy , Development Finance Corporation , Tel Energy , Musandam Gas Processing Plant , Musandam Independent Power Project , Anil Chopra , Global Transaction Banking , Corporate Internet Banking , ஒன்றுபட்டது மாநிலங்களில் , சுல்தானேட் ஆஃப் ஓமான் , ஆசிப் றேதா , தேசிய வங்கி , எங்களுக்கு சர்வதேச வளர்ச்சி நிதி நிறுவனம் , அமைச்சகம் ஆஃப் ஆற்றல் , வளர்ச்சி நிதி நிறுவனம் , அனில் சோப்ரா , உலகளாவிய பரிவர்த்தனை வங்கி , பெருநிறுவன இணையதளம் வங்கி ,

PetroTel Oman selects NBO as onshore bank for Musandam oil and gas projects


PetroTel Oman selects NBO as onshore bank for Musandam oil and gas projects
By: Times News Service
Muscat: National Bank of Oman (NBO) has been selected as the onshore bank for PetroTel Oman, which has just secured a $300 million financing from the US International Development Finance Corporation (DFC) for its oil and gas projects in Oman’s Musandam peninsula.
The selection highlights NBO’s ability to structure tailor-made financing solutions for large-scale and multinational corporations while continuing to support strategically important private sector organisations that are instrumental for the future growth of the economy.
Asif Redha, Head of Global Transaction Banking at NBO, said, “NBO is always ahead in the market by providing innovative technological solutions to international and local businesses. Our Corporate Internet Banking and B2B channels are at the forefront of helping institutions to leverage their cash flows and optimise their resources and ....

United States , Asif Redha , National Bank , Us International Development Finance Corporation , Ministry Of Energy , Petrotel Oman , Development Finance Corporation , Global Transaction Banking , Corporate Internet Banking , Anil Chopra , ஒன்றுபட்டது மாநிலங்களில் , ஆசிப் றேதா , தேசிய வங்கி , எங்களுக்கு சர்வதேச வளர்ச்சி நிதி நிறுவனம் , அமைச்சகம் ஆஃப் ஆற்றல் , வளர்ச்சி நிதி நிறுவனம் , உலகளாவிய பரிவர்த்தனை வங்கி , பெருநிறுவன இணையதளம் வங்கி , அனில் சோப்ரா ,