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HM decree ratifies oil agreement for Block 48

MUSCAT

His Majesty Sultan Qaboos Bin Said on Sunday issued four Royal decrees as follows:

Royal Decree No. 12/2017 endorses the oil agreement between the Government of the Sultanate of Oman and Oman Oil Company Exploration and Production LLC for Block No. 48, signed on January 31, 2017.

Article 1 ratifies the aforementioned oil agreement.

Article 2 says that this decree shall be published in the Official Gazette and enforced on its date of issue.

Royal Decree No. 13/2017 endorses the oil agreement between the Government of the Sultanate of Oman, Occidental Oman Inc., Oman Oil Company Exploration and Production LLC, and Mitsui E&P Middle East B.V for Bloc No. 9, signed on January 23, 2017.

Article 1 ratifies the aforementioned agreement.

Article 2 says that this decree shall be published in the Official Gazette and enforced on its date of issue.

Royal Decree No. 14/2017 endorses the revised oil agreement between the Government of the Sultanate of Oman, BP Exploration Epsilon Limited and Makarim Gas Development LLC for Bloc No. 61, signed on November 8, 2016.

Article 1 ratifies the aforementioned revised agreement.

Article 2 says that this decree shall be published in the Official Gazette and enforced on its date of issue.

Royal Decree No. 15/2017 endorses DNO Oman AS’ conceding 75 per cent of its rights and obligations in the oil agreement signed on August 10, 2011 for Bloc No. 36 to Allied Petroleum Exploration Inc.

Article 1 ratifies DNO Oman AS conceding 75 per cent of its rights and obligations in the oil agreement signed on August 10, 2011 for Bloc No. 36 to Allied Petroleum Exploration Inc.

Article 2 says that this decree shall be published in the Official Gazette and enforced on its date of issue.

ONA