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  • 26-02-19

    Oman to award contract for Block 72 exploration, production

    (MENAFN) U.S. Occidental Petroleum is set to receive a contract from the Omani Ministry of Oil and Gas on the exploration and output of onshore Block 72.

    Undersecretary of the Omani ministry H E Salim bin Nasser al Aufi explained the move to be in line with efforts to achieve sustainability in the output of oil and gas in Oman.

    Announcing the news, the Omani official declared "we are signing concession agreement for Block 72 with Occidental on Thursday."

    Al Aufi added "we are also in process of finalising the agreement for Block 55 with Shell, but not sure it will happen this year or not."

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