In order to boost the country’s oil and gas exploration and production, Eng Salim al Aufi, Under-Secretary of Oman’s Ministry of Energy and Minerals, said the government is planning on awarding three blocks this year. In the market, we have three blocks. We are waiting for the final bids. After that, we will evaluate the bids and hopefully allocate some of these blocks,” the Under-Secretary said during a virtual fireside chat with SPE members.
Al Aufi said the government is currently in discussions with TotalEnergies and Shell to sign a commercial agreement to develop Block 11, which is adjacent to gas-rich Block 10. “Discussions are ongoing now to finalise the commercial agreement between the government and the same [Block 10] partners for Block 11,” Al Aufi said.
