OMAN

 

Oman, BP Sign Final Khazzan Tight Gas Deal            

 

True to their word, UK oil and gas giant BP and Oman’s government this week signed both a gas sales agreement and an amended production sharing agreement for the 7 tcf, 1bn cfd Phase-1 development of the Khazzan tight gas field in Oman’s central Block 61 license.

This deal – estimated at around $16bn – comes on the back of close...