BP and Oman Oil strike deal in Oman

Petroleum Review;
BP and Oman Oil have signed a heads of agreement with the Omani government, committing to amend the Oman block 1 exploration and production sharing agreement, extending the licence area of the block and enabling further development of the Khazzan tight gas field. BP is the operator of block 61, with a 60% interest; Oman Oil holds the remaining 40%. 

News Item details

Journal title: Petroleum Review

Subjects: Economics, business and commerce, Exploration and production, Gas fields, Gas, Mergers and acquisitions