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Total pulls out from Omani block 41
Total pulled out from deepwater block 41 offshore northern Oman in early April, after failing to make any commercially attractive discoveries. Responding to enquiries from Petroleum Review, Total said it had no plans to exit the country completely at this point, stating that: ‘Total has been present in Oman since 1937 and is a partner in the development of the local oil and gas industry. We are actively seeking additional exploration blocks and where we can bring our expertise to contribute to increasing production from Oman.’
The French company produces oil primarily from block 6 as well as block 53, and holds a 5.54% stake in Oman LNG as well as a 2.04% interest in Qalhat LNG.
News Item details
Journal title: Petroleum Review
Countries: Oman - Gulf of Oman -
Organisation: Total
Subjects: Exploration and production
