Oman to offer 11 new hydrocarbon concessions in 2010

16 February 2010

Bids for 11 new hydrocarbon concessions will be floated by Oman's ministry of oil and gas during 2010 in one of the largest ever offerings announced by the government to date, Oman Daily Observer has reported. The list of concessions includes a mix of oil and gas blocks, both onshore and offshore. The move is part of the Sultanate's drive to raise its oil and gas production to about 900,000 barrels a day within the next two years.

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