Eni, Qatar Petroleum partner on Oman offshore block

During the signing ceremony (Image courtesy of Qatar Petroleum)

Eni of Italy has signed an exploration and production sharing agreement for Block 52 offshore Sultanate of Oman.

The block is an underexplored area with approximately 90,000 square kilometers of hydrocarbon potential that sits off the coast of southern Oman, Eni said in a statement on Monday.

Eni Oman BV, a unit of the energy company will hold a 55% stake in the block, the Oman Oil Company Exploration & Production LLC will hold 15%, and LNG producing giant Qatar Petroleum will hold the remaining 30%, following a separate deal that it signed on Monday with Eni.

Block 52 was awarded to Eni and OOCEP following an international bid round process launched in October 2016.

Eni did not reveal the value of the deal.

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >