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Oman signs upstream agreement with Total, Shell

Gas

Total, the Ministry of Oil and Gas of the Sultanate of Oman (MOG), Oman Oil Company (OOC), Shell and Petroleum Development Oman (PDO) have signed an interim upstream agreement to further explore and develop gas resources of the Greater Barik area, northern part of Block 6 located onshore in the central west region of Oman

This agreement is the first step towards the implementation of the MoU signed between Total and MOG in May 2018 related to the development of an integrated gas project.

This integrated project includes an upstream development, in partnership with Shell and OOC, to produce the gas resources of the Greater Barik area and a downstream development by which Total and OOC will supply build and operate a one million tonnes per annum (Mtpa) LNG plant and develop an LNG bunkering hub in the port of Sohar.

Parties will continue to work diligently to finalise the definitive agreements which will guarantee the success of those integrated developments.

“We are confident that the project will help diversify the gas sector in Oman and support the economic development of the port of Sohar and its region,” commented Stephane Michel, senior vice-president for exploration-production of Total for the Middle East and North Africa (MENA).

With a strong exploration and production portfolio in Oman, Total’s SEC production reached at 38,000 boepd in 2018. Total holds four per cent interest in the PDO operated onshore Block 6, as well as in the Oman LNG (5.54 per cent) and Qalhat LNG (2.04 per cent) liquefaction complex located at Sur with an overall capacity of 10.5 mtpa.