No. 13



Maersk Wins Contract For Oil/Gas Exploration In Western Oman

Omans Oil Minister Muhammad al-Rumhy and a senior official of Maersk, the oil and gas unit of Denmarks A P Möeller, on 18 March signed a four-year renewable contract under which the company, with 100% equity, will explore for oil and gas in blocks 45 and 48 in a 3,878 sq km area of western Oman. During the first four years, Maersk will carry out seismic studies and drilling, with a commitment to spend...