Oman Expects New Block Award By December

Oman’s Ministry of Oil and Gas (MOG) expects to make at least one license award by the end of the year as it looks to end a difficult year for the industry on a high.

Speaking this week, Undersecretary at the MOG Salim al-‘Oufi said the ministry was currently in talks with a foreign oil company over a contract for the Block 7 concession on Oman’s border with Saudi Arabia. The undersecretary said he hoped a contract award for...