Friday, October 03, 2025

Oman News

New oil & gas concession areas in Oman by the end of Q1 2023

The Ministry of Energy and Minerals (MEM) is in the preparation process to offer new batch of oil and gas concession areas by the end of the first quarter of 2023.

TAS News Service

info@thearabianstories.com

Thursday, March 2, 2023

MUSCAT : Announcing the 2023 Oman Oil and Gas Bid Round (Batch-1), the Ministry stated, ‘This bid round will target onshore blocks as Batch-1. Some of these blocks include a mixture of tested producing wells, discovered areas, as well as prospects and leads. Additionally, MEM will offer Batch-2 blocks which will focus on selected offshore blocks by the end of Q2 2023.’

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