Oman launches ‘living data room’

The Oman Ministry of Oil and Gas is providing an online platform for advanced evaluation of four blocks offered in its Oct. 23 bid round. Blocks 30, 31, 49, and 52 are visible in the ministry’s online interface where interested parties can search visualizations and analysis of available blocks and view high-quality raw data for each block.

Bidding is expected to close on Feb. 15, 2017, and bidding results will be announced on Mar. 15.

Following a pledge by members of the Organization of Petroleum Exporting Countries to curb output by 1.2 million b/d on Nov. 30, Oman was among the dozen non-OPEC producers that agreed to cut oil output by an additional 558,000 b/d (OGJ Online, Dec. 13, 2016). The cuts are slated to begin Jan. 1, 2017.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...