Total, PTTEP Take Oman Block

Omar Fahmy
Wednesday, February 19, 2020

Oman has signed an exploration and production sharing agreement with France's Total E&P and Thailand's PTTEP to explore and develop non-associated gas in Block 12, Oman's ministry of oil and gas said in a tweet on Wednesday.

Total E&P is the operator of the 9,546 square-kilometer block located in central Oman, and holds 80% participating interest in the joint venture, while PTTEP has the remainder, the ministry said.

Under the agreement, the companies will carry out seismic surveys and geological and geophysical studies, and drill exploratory wells. 

(Reporting by Omar Fahmy, Writing by Nafisa Eltahir, editing by Susan Fenton)

Categories: Energy Industry News Activity Asia Oman

Related Stories

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Oil Prices Slide as Israel-Iran Suspend Strikes

Oil Shoots Over $4 as Israel Expands Strikes Against Iran and Lebanon

Indonesia Targets Higher Oil and Gas Output in 2027

INEOS Inks LNG Supply Deal with Marubeni for Asian Markets

Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

Current News

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Oil Falls More Than 2% as US-Iran Tensions Ease

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com