News listings

energy-pedia licensing

Oman flagOman

Middle East / Africa >>> Oman

Oman: PTTEP and Total sign EPSA for Block 12 onshore Oman


19 Feb 2020

Photo - see caption

PTT Exploration and Production (PTTEP) has announced that on 19 February 2020, PTTEP MENA, a wholly-owned subsidiary of PTTEP, and Total E&P Oman Block 12, a wholly-owned subsidiary of Total, signed an Exploration and Production Sharing Agreement (EPSA) with Oman’s Ministry of Oil and Gas (MOG) for exploration and production rights of Block 12, located onshore central part of the Sultanate of Oman, with the participation interest for PTTEP MENA at 20% and Total E&P Oman Block 12 (the Operator) at 80%.

This investment in the Oman exploration block is another important milestone for PTTEP to expand its international investment portfolio to the Middle East, the petroleum prolific region; and is in line with PTTEP’s strategy to broaden strategic alliance partnership with well-experienced operators.

The signing of the EPSA follows an earlier announcement, in April 2019, that Total and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) had signed a Heads of Agreement (HoA) for the award to Total of an exploration license on Block 12 with significant prospective gas resources. The HoA granted Total 100% working interest and operatorship of the exploration Block 12, located in Central Oman.

Photo - see caption
Location of Block 12 (Source: Total)

Original article link

Source: PTTEP





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

Current Upstream Deals: 355

Completed Deals

Completed Upstream Deals: 5492

Company Profiles

Current Company Profiles: 2722

Corporate Activity

Current Corporate Activity articles: 3495

Companies Looking

Current number of articles: 439

Company Sales

Current Company Sales articles:1420

Geostudies

Current Geostudies articles: 732

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

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

KL Publishing
Government of South Australia
energy365
Geoespace
OPC
Union Jack Oil 149
SLR Consulting logo
Rose & Assocs 149
Bayphase
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
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com