Middle East Economic Survey
Oman Awards Blocks 41 And 30 EPSAs To Reliance And RAK Petroleum
Omans Ministry of Oil and Gas and a subsidiary of Indias Reliance Industries on 12 November signed an exploration and production-sharing agreement (EPSA) covering offshore Block 41. The 23,850 sq km deepwater block lies off the coast of Muscat. Block 41 is adjacent to Block 18 which was awarded to Reliance in March 2005 (MEES, 21 March 2005). In April this year, Reliance...