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Article: OMAN - New E&P Offerings.
- Article from:
- APS Review Gas Market Trends
- Article date:
- January 28, 2002
CopyrightCOPYRIGHT 2002 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There are now about ten blocks on offer for E&P. The Ministry of Oil and Gas expects to award E&P licences in the first half of 2002. In March 2001, Maersk Oil & Gas of Denmark got two blocks near the Saudi border. In Oct. Novus of Australia got Blocks 15 and 47 in northern Oman. In mid-Nov. Hunt Oil of the US, a major operator in Yemen, got the 22,245 sq km Block 50 off the east coast under a four-year agreement during which it will invest $18-26m.
In June 1999 Phillips Petroleum of the US got Block 38 in the south-west, 18,000 sq km, under a 10-year PSA, and was to spend $29m in the first three years and to begin drilling in 2000. It will have 40% of any ...
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Article: CHINA GAINS UNIQUE RIGHT TO PROSPECT 75,000 SQ KM ...
AsiaInfo Services;
May 24, 2001 ;
416 words
... ... Gains Unique Right to Prospect 75,000 sq km Int'l Seabed BEIJING, May 24, 2001 ... prospect for polymetallic nodules in 75,000 sq km of international seabed. This was revealed ... right to explore resources in 150,000 sq km of sea areas in the Pacific Ocean in 1991 ...
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