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Bidding opens for three Omani oil blocks

International bidding has commenced for three hydrocarbon blocks offered by the Ministry of Energy and Minerals as part of the Oman Licensing Round 2021. The roughly four-month-long competitive process kicked off on August 8, 2021, for two onshore blocks – 38 and 66 – as well as a newly created offshore swathe, dubbed Block 23, located just east of.

Bidding opens for three Omani oil blocks

Bidding opens for three Omani oil blocks
omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.

North American Morning Briefing: Stock Futures -2-

North American Morning Briefing: Stock Futures -2-
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Quick take: Sapura Energy climbs on RM1 2bil contracts win

climbed in early trade Thursday after securing contracts worth RM1.2bil. The oil and gas service provider rose 4%, or 0.5 sen to 13 sen with over eight million shares traded. Sapura Energy has secured major contract wins and extensions worth RM1.2bil in Malaysia and Thailand for its engineering and construction (E&C), operations and maintenance (O&M) and drilling segments. For its E&C segment, its unit Sapura Offshore Sdn Bhd secured contracts from PTTEP Sarawak Oil Limited (PTTEP) and EnQuest Petroleum Production Malaysia Ltd (EnQuest) under the Pan Malaysia Transportation and Installation of Offshore Facilities 2021 campaign. For its O&M segment, its subsidiary Sapura Fabrication Sdn Bhd secured contracts from EnQuest, as well as Sarawak Shell Bhd and Sabah Shell Petroleum Company Limited.

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