Oman, British energy firm sign gas deal
Date: Sunday, April 30 @ 23:55:31 PDT
Topic: Production; Extraction; Exploration
Oman signed yesterday a production-sharing agreement with British oil and gas company BG Group for a gas block in the Gulf Arab state.
Block 60, which covers almost 1,500 square km (579.2 sq miles), contains the Abu Bu Atoob gas and condensate discovery made in 1998. It has potential reserves of 8 trillion cubic metres, said a statement issued at the signing.
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