UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:   December 31, 2011

Check here if Amendment [ ]; Amendment Number:
     This Amendment (Check only one.):           [ ]  is a restatement.
                                                 [ ]  adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:          Occidental Petroleum Investment Co.
Address:       10889 Wilshire Boulevard
               Los Angeles, California 90024

Form 13F File Number:  28-13908


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:     Linda S. Peterson
          Vice President and Secretary
          Occidental Petroleum Investment Co.
Phone:    (310) 208-8800

Signature, Place, and Date of Signing:

     /s/ LINDA S. PETERSON          Los Angeles, California    February 10, 2012
     ---------------------------    -----------------------    -----------------
             [Signature]                 [City, State]               [Date]

Report Type (Check only one.):

[ ]    13F HOLDINGS REPORT. (Check here if all holdings of this reporting
       manager are reported in this report.)

[X]    13F NOTICE. (Check here if no holdings reported are in this report, and
       all holdings are reported by other reporting manager(s).)

[ ]    13F COMBINATION REPORT. (Check here if a portion of the holdings for this
       reporting manager are reported in this report and a portion are reported
       by other reporting manager(s).)

List of Other Managers Reporting for this Manager:

       Form 13F File Number       Name

       28-10313                   Occidental Petroleum Corporation