Exploration & Production
Eni and Oman Oil Company S.A.O.C. (OOC), the Sultanate’s investment arm in the energy related sectors, and the leading Italian integrated energy company Eni have finalized a Memorandum of Understanding (MoU) to explore cooperation opportunities in the oil and gas sector.
The Ministry of Oil & Gas of the Sultanate of Oman has also granted Eni and OOCEP exploration rights in Block 52, an area of 90,000 Km2 with a water depth ranging from 10 to 2,000 metres with liquid hydrocarbon potential, located offshore Oman. The area is largely unexplored with the potential of hydrocarbons findings and will enable our company to expand its presence in a key region of the Middle East.