Oman to sign 4 oil concession agreements

OIL AND GAS NEWS

Oman’s Ministry of Oil and Gas will sign four agreements with oil companies for concession areas, a report said.

The agreements will be signed with Oman Oil Company Exploration and Production (OOCEP), Occidental Oman for concession area No 30, reported Oman Observer.

Another agreement will be signed with ARA Petroleum for the concession area No 31. The third agreement will be signed with Tethy’s Oil Oman for the concession area No 49, while the fourth agreement will be signed with INA of Italy and OOCEP for the concession area No 52, according to the report.

 

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