Middle East Economic Survey
VOL. XLVIII
No 37
12-September-2005
OMAN
Oman Awards Two Exploration Blocks
Omans Oil Ministry on 6 September awarded an onshore and an offshore block for exploration to European oil companies. Irelands Circle Oil signed a six-year agreement to conduct geophysical and seismic studies and exploration activities for the offshore 90,760 sq km Block 52, with a spending commitment of $18mn. Circle Oil in June signed up to carry out exploration on the 15,400 sq km Block 49 in...
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