Oil & Gas

Exploration and Product Sharing Agreement In Block No. 1

Title

Exploration and Product Sharing Agreement In Block No. 1


Date

12 January 2009


Type

Agreement


Partners Involved

Occidental Petroleum Company USA


Purpose

To explore in the Kingdoms offshore Block No. 1 and contains special provisions for the protection of the national labour in addition to the rights related to protection of the environment.

Goals

To increase and diversify the national revenue sources.

To promote the citizens standards of living.

More Information

-

Back To Top