Muscat on 13 May signed two MoUs, with Shell and Total, respectively. These underline the Sultanate’s accelerating gas rethink. Central to the emerging plans is development of the Greater Barik area of Oman’s massive Block 6, where Oman is targeting 500mn cfd, and potentially eventually 1bn cfd.
Block 6, operated by state-led PDO (Oman 60%, Shell 34%, Total 4%, Partex 2%), is Oman’s largest asset, producing 650,000 b/d of oil and 2.71bn cfd of gas in 2017, 67% and 72% of the national total respectively. (CONTINUED - 1102 WORDS)