News listings

energy-pedia licensing

Oman flagOman

Middle East / Africa >>> Oman

Oman awards two exploration blocks to PetroTel

27 Mar 2013

Oman's Ministry of Oil and Gas signed a new exploration and production sharing agreement (EPSA) with PetroTel Oman Onshore on Tuesday. The agreement was signed in Muscat by HE Dr Mohammed Bin Hamad Al Rumhy, Minister of Oil and Gas, and Dr Anil Kumar Chopra, Chairman of the company.

Under the agreement the company will explore for oil and natural gas in Blocks 39 & 67 which occupy 13,379 sq km in Dhofar Governorate. The commitments of the company under this agreement are to reprocess old 2D seismic, acquire new 2D seismic and perform geological and geophysical studies. Based on the result of the seismic programme and the studies, the company will drill wells during exploration periods.

The government does not bear any financial commitments during exploration periods. The Ministry of Oil and Gas wishes that the company’s efforts will be crowned with success in discovering hydrocarbons, which will increase reserves and production rates in the Sultanate.

Original article link

Source: Oman Tribune

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current deals: 1700
Completed deals: 5220

Company Profiles

Current Company Profiles: 2645

Corporate Activity

Current Corporate Activity articles: 3304

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1362


Current Geostudies articles: 643

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

SLR Consulting logo
count geophysics
Rose & Assocs 149
Government of South Australia
KL Publishing
Union Jack Oil 149
RSK Logo 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675