exploration and production sharing agreement (EPSA)

  • EOG Resources Obtains 50% Interest in Oman’s Block 49

    EOG Resources Obtains 50% Interest in Oman’s Block 49

    Thursday, 12th November 2020

    EOG Resources has entered into an agreement to acquire Tethys Oil’s subsidiary, Tethys Oil Monstasar, in a deal that sees EOG receive Tethys 50% working interest in Block 49 onshore Oman.

  • Oman Signs an EPSA with Occidental

    Oman Signs an EPSA with Occidental

    Monday, 4th March 2019

    Oman’s government has inked an EPSA with Occidental of Oman, a wholly owned subsidiary of Occidental Petroleum Corporation.

  • BP, Eni Ink HoA with Oman

    BP, Eni Ink HoA with Oman

    Thursday, 17th January 2019

    BP and Eni signed a heads of agreement (HoA) with the Omani Ministry of Oil and Gas for more exploration opportunities in the country.

  • Oman Signs Two Exploration Agreements Worth $65B

    Oman Signs Two Exploration Agreements Worth $65B

    Monday, 17th December 2018

    The Omani Ministry of Oil and Gas has signed two new exploration and production sharing agreements (ESPA) worth $65 billion to explore and develop the onshore concession blocks 51 and 65.

  • BP Extended Omani Gas EPSA

    BP Extended Omani Gas EPSA

    Wednesday, 9th November 2016
    BP and Oman Oil Company Exploration and Production signed an agreement with the government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to extend the license area.
  • Oman Extended Block 50’s EPSA until 2020

    Oman Extended Block 50’s EPSA until 2020

    Wednesday, 7th September 2016
    Oman's Ministry of Oil & Gas has extended the exploration and production sharing agreement (EPSA) with Masirah Oil Ltd. for Block 50 for another 3 years.