OOCEP to develop Oman’s block 48

Oman

MUSCAT, January 31, 2017 – Oman Oil Company Exploration and Production (OOCEP) signed an exploration and production-sharing agreement with Ministry of Oil and Gas on Tuesday.

The upstream arm of Oman Oil Company, OOCEP will soon begin exploration work across the 2,995-square-kilometre block 48, starting with the reprocessing of old seismic data. Subsequent activity over the three-year exploration window will include new 2D and 3D seismic and the drilling of an exploration well.

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