OMAN

 

Oman Eyes $110Bn Upstream Investment

 

Oman plans to invest $100-110bn in its oil and gas sector in 2013-22, and will award four exploration blocks by year-end. The government expects to agree with BP in September a price for tight gas, allowing its $15bn project to go ahead. Production from Shell-led Petroleum Development Oman’s (PDO’s) three flagship enhanced oil recovery (EOR) projects has started and by year-end it will start...