The Sultanate of Oman Has Decided to Sell a Stake in Its Most Valuable Gas Asset for 8 Billion United States Dollars

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, sent His Majesty ' s mother to Sultan Osman Sultan Haytham bin Tarek, to the death of Mrs. Nasr al-Bassaidi, the mother of Mrs. Al-Bassaidi, the wife of Mrs. Al-Ghalilah, and said: " We have received the news of the death of Mrs. Nasr al-Bassaidi, the mother of Mrs. Al-Bassaidi, the wife of Her Majesty ' s wife. " As we send to you and to the bereaved f…

The Sultanate of Oman Has Decided to Sell a Stake in Its Most Valuable Gas Asset for 8 Billion United States Dollars

The Sultanate of Oman is seeking to sell a stake worth 8 billion United States dollars in its natural gas assets. The state-owned company Energy Development Oman (EDO) is currently looking for partners interested in acquiring a minority interest in gas fields that are part of Block 6. Block 6 was separated in the year 2020 from Petroleum Development Oman (PDO)—the country’s largest oil producer—and transferred to the newly formed EDO. The compan…