Oman has invited foreign oil companies to bid for exploration and development rights in six oil blocks around the country, the oil ministry said on Tuesday, as it pushes to raise production to 1 million barrels per day.
“Two blocks will be awarded next month and the other four will be evaluated in the coming months,” a ministry of oil and gas official told Reuters, declining to be named under briefing rules.
The total area of the blocks being awarded is around 12,000 square kilometers, the official added, declining to reveal the names of the firms bidding.
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