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    Oman, Shell sign exploration deal for Block 11

Summary

The agreement establishes Shell as the operator of Block 11, holding a 67.5% working interest.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Middle East, Security of Supply, Corporate, Political, News By Country, Oman

Oman, Shell sign exploration deal for Block 11

The ministry of energy and mineral of Oman on September 15 signed an exploration and production sharing agreement with Shell, along with its partners, OQ and TotalEnergies to explore, appraise and develop natural gas resources and condensate in Block 11.

This agreement establishes Shell as the operator of Block 11, holding a 67.5% working interest, with OQ and TotalEnergies holding 10% and 22.5% respectively. The government said that the exploration activities would see the seismic acquisition of 1,400 km2 in late 2022, with few planned exploration wells to follow.

“There is a continuous focus in the ministry on enhancing the natural gas reserves of the Sultanate of Oman through exploration and appraisal activities undertaken by several companies in the country,” said Salim Nasser Al Aufi, minister of energy and minerals in Oman.

Block 11 is located on the western side of Oman within and nearby the Um Asamim Sabkha.   

“Shell’s entry into this block signifies a further commitment to Oman while enhancing and diversifying its gas supply,” Walid Hadi, Shell’s senior vice president, and country chair in Oman said.