(MENAFN- Muscat Daily) Muscat- His Majesty Sultan Qaboos bin Said on Wednesday issued five Royal Decrees as follows:
Royal Decree 12/2019 endorses Medco Arabia Ltd conceding one third of its rights and obligations in the agreement signed on November 20, 2014 for Block No 56 to Biyaq Oilfield Services LLC.
Article 1
ratifies Medco Arabia conceding one third of its rights and obligations in the petroleum agreement signed on November 20, 2014 for Block No 56 to Biyaq Oilfield Services so that the final share quotas of the contract signatories will be as follows:
50% for Medco Arabia Ltd, 25% for Intag LLC and 25% for Biyaq Oilfield Services LLC.
Article 2
says that this Decree will be published in the official gazette and enforced on its date of issue.
Royal Decree 13/2019 endorses Oman Oil Exploration and Production LLC conceding 50% of its rights and obligations in the agreement signed on October 11, 2011 for Block 42 to Shell Oman Exploration and Production BV.
Article 1
ratifies Oman Oil Exploration and Production LLC conceding 50% of its rights and obligations in the agreement signed on October 11, 2011 for Block 42 to Shell Oman Exploration and Production BV.
Article 2
says that this Decree will be published in the official gazette and enforced with effect from its date of issue.
Royal Decree 14/2019 endorses Allied Petroleum Exploration Inc conceding its full rights and obligations in the petroleum agreement signed on August 10, 2011 for Block No 36 to IPEX Oman (Block 36) Inc.
Article 1
ratifies Allied Petroleum Exploration Inc conceding its full rights and obligations in the petroleum agreement signed on August 10, 2011 for Block No 36 to IPEX Oman (Block 36) Inc.
Article 2
says that this Decree will be published in the official gazette and enforced on its date of issue.
Royal Decree 15/2019 renews the First Class Licence of Oman Telecommunications Company for basic general mobile telecommunication services.
Article 1
renews the First Class Licence of Oman Telecommunications Company for basic general mobile telecommunication services in accordance with the provisions of the licence attached to this Decree.
Article 2
says that this Decree will be published in the official gazette and enforced on February 11, 2019.
Royal Decree 16/2019 appoints a non-resident ambassador for the Sultanate.
Article 1
appoints Ambassador Emad bin Hamoud bin Salim al Abri, Oman's Ambassador to Brazil, as the Sultanate's Extraordinary, Plenipotentiary and Non-Resident Ambassador to the Republics of Argentina, Eastern Uruguay, Paraguay, Ecuador, Peru, Bolivia, Chile, Suriname, Guiana, Colombia and Venezuela.
Article 2
says that this Decree will be published in the official gazette and enforced with effect from its date of issue.
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