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Block 9, operated by occidental petroleum, covers two producing areas Kistos, an independent energy company, has signed a binding agreement to acquire a 5 per cent working interest in block 9 and a 20% interest in blocks 3 and 4 from mitsui eandp middle east, all. Blocks 3 & 4, operated by cced, comprise seven producing fields and cover approximately 29,000 km² in eastern oman
Both block 9 and blocks 3 & 4 are governed by exploration and production sharing agreements (each one being an epsa). +++ description the block consists of the safah & wadi latham fields +++ contractors **kavin engineering:** process design of gas compressors. The field is owned by occidental petroleum, oq saoc and mitsui
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The block 9 conventional oil field recovered 77.30% of its total recoverable reserves, with peak production in 2015. The transaction adds immediately cash. Kistos has signed a binding agreement to acquire a 5% working interest in block 9 and a 20% working interest in blocks 3 and 4, onshore in oman, from mitsui e&p middle east. At oq, we take pride in our diverse portfolio, with shareholding in more than 50 companies
These investments span the entire energy value chain, from exploration and production to refining, chemicals, logistics, marketing and alternative energy. Block 9 oman oil and gas fields block 9 oman oil and gas fields summary information operator Oil / gas estimated reserves
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