Middle East Economic Survey

VOL. XLVIII

No 12

21-March-2005

OMAN

Reliance Signs Block 18 Offshore Oman E&P Agreement

Indias Reliance Industries announced on 13 March that it had a signed an E&P agreement with Oman covering the 18,267 sq km offshore Block 18, which is situated off the northern al-Batinah coast. A company statement said that Reliance, Indias largest private sector firm, would be the operator of the block with 100% working interest. In March 1999, Shell signed a...