Oman offers new batch of oil & gas concession areas by end of Q1 2023

Oman’s Ministry of Energy and Minerals in preparation in process to offers new batch of oil & gas concession areas by end of Q1 2023

In a statement said the Ministry of Energy and Minerals is in the preparation process to offer new batch of oil & gas concession areas by the end of Q1 2023.

This bid round will target onshore blocks as Batch-1. Some of these blocks include a mixture of tested producing wells, discovered areas, as well as prospects and leads. Additionally. MEM will offer Batch-2 blocks which will focus on selected offshore blocks by the end of Q2 2023. 

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