exploration and production sharing agreement (EPSA)
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.
Monday, 4th March 2019
Oman’s government has inked an EPSA with Occidental of Oman, a wholly owned subsidiary of Occidental Petroleum Corporation.
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.
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.
Wednesday, 9th November 2016BP 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.
Wednesday, 7th September 2016Oman'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.