Oman secures OMR 11.5 billion windfall through extended Block 53 deal
- 18-May-2025
Oman’s authorities signed an agreement to extend the Block 53 Exploration and Production Sharing Agreement (EPSA) for Occidental Mukhaizna and its partners, local media reported. Oman’s Ministry of Energy and Minerals has signed the agreement in order to secure operations until 2050. According to the agreement, the concession has been extended to 2050 under the […]