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  • 28-03-19

    Oman: Mabrouk gas field deal with Shell, Total to enter finalization

    (MENAFN) Petroleum Development Oman (PDO) officials revealed that Shell and Total are likely to ink a massive deal in order to complete a production sharing agreement for Mabrouk gas field project.

    It comes after the Omani Ministry of Oil and Gas penned an interim development pact with Shell, Total and Oman Oil Co for the major initiative.

    PDO managing director Raoul Restucci stated "for Mabrouk North East, there is an interim development agreement which has been signed with Shell and Total, and now they are negotiating the master agreement with the Ministry of Oil and Gas, which is likely to be signed later this year."

    Restucci further added that "at this moment, we are carrying out the activities requested by Shell."

    MENAFN2803201900450000ID1098312617

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