VOL. XXXIX

No. 40

1-July-1996

OMAN

Arco/Partex Sign Fourth Exploration Deal In Oman's Latest Licensing Round

A partnership comprising the US company Arco and Portugal's Partex has signed an exploration and production agreement for Block 32 located in northeast Oman. Signature of the accord brings to four the number of deals which have been finalized over the last few weeks for exploration acreage included in the country's latest licensing round. Deals for Blocks 35, 36 and 22,...