Shell to explore Oman block
MUSCAT, April 27, 2017 – Oman Oil Company Exploration & Production (OOCEP) signed an agreement with Shell for jointly exploring a block in Oman, the Omani company said on Wednesday.
The mountainous Block 42, which spans some 25,590 square kilometres in the northeast region of the country, is believed to contain several plays of hydrocarbons resources. Several wells drilled on the block have hit both oil and gas resources.
“We are excited by the prospect of Block 42 and are pleased to sign this [Heads of Agreement] with OOCEP,” Shell’s chairman for Oman Chris Breeze told the Times of Oman as he signed the document with OOCEP’s CEO, Isam bin Saud Al Zadjali.
“We are partners in Kazakhstan and this is a first co-operation of its type between Shell and OOCEP in Oman.”