Tethys Oil signs new exploration block onshore Oman
Tethys Oil is pleased to announce that the Government of the Sultanate of Oman and Tethys Oil has entered into an Exploration and Production Sharing Agreement (EPSA) for Block 58 onshore Oman. The block is located in the southern part of the Sultanate adjacent to Tethys Oil’s operated exploration licence Block 49. Tethys Oil will through its wholly owned subsidiary Tethys Oil Qatbeet Limited be the operator of the block and hold a 100% license interest.The EPSA is being signed today 5 July 2020 by HE Dr Mohammed bin Hamad Al Rumhi, Minister of Oil and Gas on behalf of the Government of the