VOL. XLII

No. 39

27-September-1999

OMAN

Oman Awards Exploration Block To Novus-Led Consortium

The Omani Ministry of Petroleum and Minerals on 20 Septemberawarded an exploration and production sharing agreement to a consortium led byAustralias Novus Petroleum. The agreement covers block 17, a 3,200-sq. km.area that includes the onshore Musandam peninsula, the wilayat of Mahdah, andthe offshore area surrounding the peninsula to a three-mile limit (see map).Novus, which is operator and holds 40% of...