Petronas to explore O&G in Oman’s Block 18
MUSCAT, OMAN (Feb 13): Petroliam Nasional Bhd (Petronas) has signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore LLC (OQEP) for the exploration of oil and gas in Block 18. In a statement, the national oil and gas company said the agreement was signed by its wholly-owned subsidiary PC Oman Ventures Ltd (PCOVL). Block 18 is a large offshore exploration area located in Northeast Oman, spanning more than 21,000 square kilometres and offering significant frontier exploration potential across diverse geological settings, from shallow to ultra-deep water. With the signing of […]
