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An oil rig in Oman

Oman signs major oil and gas deals

Oman’s ministry of oil and gas has signed a gas exploration agreement with Italy’s Eni and BP Oman for concession block 77, the ministry said on its Twitter feed on Wednesday.

The agreement involves seismic studies and the drilling of exploration wells and it is hoped this could also lead to the discovery of new oil fields, it said.

Source: Reuters

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