Total, Partex eye oil concessions in Oman

12 April 2010

France's Total and Portugal's Partex both plan to bid for oil and gas exploration blocks that Oman plans to auction, Reuters has reported. The Sultanate plans to offer eleven oil and gas blocks for bidding by the end of this year. Total is already active in Oman, holding a 4% stake in the country's largest oil firm, Petroleum Development Oman. Partex holds a smaller 2% stake in PDO.

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