We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State issued by Royal Decree 101/96,
the Oil and Minerals Law issued by Royal Decree 42/74,
the collection of documents by which the companies constituting Alf Sumitomo Group assigned all their rights and obligations in the petroleum agreement signed on 14 May 1975 to MB Petroleum Services, which accepts this assignment,
and the letter of the Minister of Oil and Gas dated 14 April 1999 approving the assignment,
and in pursuance of public interest,
have decreed as follows
Article I
The assignment by Alf Sumitomo Group of all its rights and obligations in the mentioned petroleum agreement signed on 14 May 1975 to MB Petroleum Services is hereby approved.
Article II
This decree must be published in the Official Gazette, and comes into force from the date of its issuance.
Issued on: 19 Muharram 1420
Corresponding to: 5 May 1999
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 647 issued on 15 May 1999.