This week saw the start of what is looking to be a busy month for Oman’s upstream sector as two oil companies, both with a wealth of experience in the country, were awarded exploration and production sharing agreements (EPSAs) for two blocks put on offer in licensing rounds last year. A third block award is expected to follow shortly, an official at Oman’s Ministry of Oil and Gas (MOG) tells MEES.
France’s Total and Omani independent Petrogas on 12 December signed deals for a 100% working interest in Blocks 41 and 55 respectively. (CONTINUED - 611 WORDS)