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


<< Jan 2018 >>
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 31 1 2 3 4

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018…

read more >

CWC Japan LNG & Gas Summit

The inaugural CWC Japan LNG & Gas Summit, with participation and support from METI, JERA, Tokyo Gas and IEEJ, is the dedicated platform for international suppliers…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >