We, Qaboos bin Said, the Sultan of Oman
after perusal of Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,
Decree 42/74 Issuing the Oil and Minerals Law,
and the Oil Agreement concluded between the Government of the Sultanate, Deminex, and AGIP SpA, and BP Petroleum Development Limited, dated 12 October 1977, in particular article 21 of it,
and the assigment issued by AGIP SpA of all its rights and obligations in the mentioned agreement to AGIP (Overseas) Limited,
and in pursuance of public interest,
have decreed as follows
Article 1
The assignment by AGIP SpA of all its rights and obligations in the mentioned petroleum agreement and the joint operations agreement for the exploration, development and exploitation of petroleum in the contract block attached to it to AGIP (Overseas) Limited.
Article 2
This decree must be published in the Official Gazette, and comes into force on the date of its publication.
Issued on: 28 Ramadan 1399
Corresponding to: 22 August 1979
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 177 issued on 1 September 1979.