Middle East Economic Survey


No 24



Oman To Launch New Exploration Bid Round in August

Oman will open an exploration licensing round for five oil and gas blocks in August. The blocks will probably be awarded four-five months after the launch. Oman is looking to the private sector to boost its crude oil output. However, a source in an international oil company (IOC), which is interested in bidding for concessions in Oman, tells MEES: Yes, we know about the Omani blocks...