Monday 12 December 2011

Oman to Offer Rights at Oil, Gas Blocks in First Quarter - Businessweek

Oman will accept bids for licenses to explore for oil and natural gas at five onshore areas during the first quarter of 2012 as the country seeks to meet rising energy demand, an adviser to the oil and gas ministry said.

The ministry expects to announce the awards two months after the bidding, Khalifa bin Mubarak al-Hinai said at a conference in the Omani capital Muscat.

“There’s quite a bit of interest from companies who are coming in to view the data,” he told reporters today.

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