Qurayyat Coast
Oman’s Ministry of Energy and Minerals has signed a joint study agreement with Petronas and OQ Exploration & Production (OQEP) to evaluate offshore Blocks 83 and 84 off the Qurayyat coast.
The agreement was signed with Petronas subsidiary PC Oman Ventures Ltd.
The agreement covers geological and geophysical studies to assess the hydrocarbon potential and commercial viability of the two blocks, which span 10,875 sq km and 14,147 sq km. The findings could lead to future concession agreements, but the study stage is limited to technical work and does not award a concession.
Together with Block 18, which PC Oman Ventures holds with an OQEP subsidiary, the blocks form a contiguous area of about 46,162 sq km.
