Four oil and gas block likely to be awarded by Oman in Q2 2018
Date
10/31/2017 9:57:10 AM
(MENAFN) Four oil and gas blocks are likely to be awarded by Oman to international oil companies on a production sharing basis in the second quarter of 2018, a media report cited a senior government official.
The bidding round for blocks 43B, 47, 51 and 65 started in September, while 51 is an offshore block; all others are onshore blocks, according to a report from Times of Oman.
Out of the four blocks, three blocks have crude oil deposits, while the fourth one is mainly a gas block, the report said.
The deadline for submitting bids is December 31, the report added.
MENAFN3110201700450000ID1096019768
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.