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 contract dated 3 February 2003 by which Occidental Oil and Gas (Oman) Limited and Occidental Oman Inc assigned 35% of their rights and obligations in the petroleum agreement signed on 15 June 1998 to Mitsui E&P Middle East BV,. which accepts this assignment,
and the letter of the Minister of Oil and Gas 4/7/1102/2003 dated 5 May 2003 approving the assignment,
and in pursuance of public interest,
have decreed as follows
Article I
The assignment by Occidental Oil and Gas (Oman) Limited and Occidental Oman Inc of 35% of their rights and obligations in the petroleum agreement signed on 15 June 1998 to Mitsui E&P Middle East BV is hereby approved so that the final shares are as follows:
(a) Occidental Oil and Gas (Oman) Limited and Occidental Oman Inc 65%.
(b) Mitsui E&P Middle East BV 35%.
Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 14 Shawwal 1424
Corresponding to: 8 December 2003
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 757 issued on 15 December 2003.