Tethy company announced that its share of oil production from Blocks 3, 4 in Oman in May amounted to 346,890 barrels of oil, corresponding to 11,190 barrels per day (b/d) of oil, according to a press release.
The statement elaborated that the oil production in Oman is under the production limitations set by the OPEC+ agreement. Therefore, production form Blocks 3, 4 is subject to limitations but is likely to fluctuate on monthly basis.
Tethys Oil holds 30% stake in Block 3,4, while Mitsui E&P Middle East B.V. holds 20% and the operator CC energy Development holding the remaining 50%.
Tethy Share of Production from Oman Blocks Amounts to 346,890 Barrels of Oil in May
Fatma Ahmed 2046 Posts
Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.
