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Qabus might still be locked in the palace had not Omani rebels, trained in neighboring Southern Yemen by guerrilla warfare experts from Peking, begun fostering unrest. Eventually, operating out of bases in the Dhofar Mountains, the rebels mortared Salala...

Author: /time Magazine | Title: PERSIAN GULF: Starting from Scratch | 2/15/1971 | See Source »

...Said bin Taimur. He went into the oil business one day when the Sultan, after complaining that he had not found oil like other Middle Eastern rulers, said to Phillips, "And by the will of God we shall have oil, for I am granting you the oil concession for Dhofar." Dhofar, an area the size of Ohio, has not yet produced any oil. But it made Phillips a millionaire, because he divided his 21% interest in the concession into 1,000 units, sold a quarter of them for about $1,500,000-and kept the rest, in case oil should...

Author: /time Magazine | Title: Entrepreneurs: The Great lam | 9/30/1966 | See Source »

...remote sultanate of Muscat and Oman, Dhofar Cities Service Petroleum Corp. was punching dry holes all over the sere, cheerless wastes, but was still hopeful of hitting a gusher...

Author: /time Magazine | Title: BUSINESS ABROAD: The Japanese Wildcat | 2/15/1960 | See Source »

...York. Profits of Standard Oil Co. (New Jersey) reached a record $463 million for the year's first half, $38 million more than an early estimate. Cities Service President W. Alton Jones announced record first-half profits of $36,315,490, and its wholly owned subsidiary, Dhofar-Cities Service Petroleum Corp., announced a second oil strike in the district of Dhofar in the sultanate of Muscat and Oman.* The two wells, on a 32,000-sq.-mi. concession held by Dhofar-Cities Service in partnership with Richfield Oil Corp., may mark the beginning of a major new Middle Eastern...

Author: /time Magazine | Title: STATE OF BUSINESS: In the Hammock | 8/12/1957 | See Source »

...also feared that the U.S. would naturally side with Saudi Arabia, whose oil concessions are wholly American-but the fact is that U.S. oil money dominates even the areas where British protection prevails: U.S. companies own 50% of the stake in Kuwait, 100% in Bahrein, the Neutral Zones and Dhofar, 23.75% m Muscat and Oman...

Author: /time Magazine | Title: MUSCAT & OMAN: R.A.F. to the Rescue | 8/5/1957 | See Source »

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