Middle East / Africa

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Country summary: Oman

energy-pedia opportunities - Oman:
Current deals: 2
Licensing articles: 48
Completed deals: 39

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Oman - recent news

01 Mar 24
Oman: Rex International subsidiary Masirah Oil signs jack-up drilling rig contract for multi-well programme in Yumna field, offshore Oman
Rex International subsidiary Masirah Oil has announced the signing of a contract for the Energy Emerger jack-up drilling rig. The rig, operated by Northern Offshore, will perform a multi-well programme in the offshore Yumna field in Block 50, offshore Oman.
20 Feb 24
Oman: Tethys Oil signs drilling rig contract with GOS for Block 58 exploration well
Tethys Oil is continuing its operational activities on Block 58, onshore Oman. The preparations are ongoing for the drilling of the first exploration well, Kunooz-1, in the Fahd area, with estimated unrisked recoverable prospective resources of more than 100 mmbo.
06 Feb 24
Tethys Oil to initiate a strategic review of its portfolio of Oil and Gas properties
Tethys Oil’s Board of Directors has decided to initiate a strategic review of the Group’s portfolio of Oil and Gas interests. The review will explore the possibility of rebalancing the portfolio’s mix of assets in different stages of the lifecycle and increasing the visibility of the assets’ fair market value.
09 Jan 24
Oman: Tethys Oil completes drilling of Menna-1 well in Block 56 onshore Oman
Tethys Oil is increasing its operational activities on Block 56 onshore Oman. The drilling of the exploration well Menna-1 has been completed. The well logs indicate hydrocarbons in three separate zones and preparations for the testing operations are ongoing. Testing operations will also resume on the previously drilled Sarha-3 well, on which a workover has been completed.
01 Dec 23
Oman: Maha Energy exits Block 70 in Oman
Maha Energy has announced the divestment of its 65% working interest in Block 70, Oman, to Mafraq Energy. Mafraq Energy is partner in the Block with a 35% working interest. The consideration amounts up to USD 14 million. Mafraq Energy will be responsible for the project and cover all costs as from December 1st, 2023.

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