Times of Oman
Jul 29, 2015 LAST UPDATED AT 06:58 PM GMT
Ministry okays Tethys’ plan
December 14, 2012 | 12:00 AM
 
Sharelines

Muscat: The Ministry of Oil and Gas has approved the field development plan of Swedish oil firm Tethys for blocks 3 and 4, and consequently the declaration of commerciality where the exploration and production) term of block 3 and 4 is extended for a 30 years from the deemed discovery date of July 20, 2010, said a company statement.

"We are extremely pleased with the approvals and would like to take this opportunity to express our sincere thanks to the Ministry of Oil and Gas of Oman, to the operator CCED and our partner Mitsui," said Tethys MD Magnus Nordin.



STAY UPDATED
Subscribe to our newsletter and be the first to know all the latest news