Maha granted extension for initial phase work onshore Oman
Sept. 15, 2023
Maha Energy has been granted by the Ministry of Energy and Minerals of the Sultanate of Oman an extension of the initial phase of the exploration and production sharing agreement for Block 70 onshore Oman.
Maha Energy AB has been granted by the Ministry of Energy and Minerals of the Sultanate of Oman an extension of the initial phase of the exploration and production sharing agreement (EPSA) for Block 70 onshore Oman.
During the extension phase, which runs until Dec. 31, 2023, the company plans to “implement activities and tests necessary to support any decision regarding a second phase of the EPSA, a possible declaration of commerciality of Block 70, or relinquishment,” it said in a statement Sept. 15.
The company began a production test on the block in March and a request for extension was made in July (OGJ Online, Mar. 20, 2023).
