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Royal Decree

Royal Decree 48/2017 Approving the Petroleum Agreement Signed between the Government of the Sultanate of Oman and ARA Petroleum Oman B31 Limited for Block 31

2017/48 48/2017

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Oil and Gas Law promulgated by Royal Decree 8/2011,

and the Petroleum Agreement Signed between the Government of the Sultanate of Oman and ARA Petroleum Oman B31 Limited for Block 31 on 14 November 2017,

and in pursuance of public interest,

have decreed as follows

Article I

The aforementioned petroleum agreement is hereby approved.

Article II

This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 29 Rabi Al-Awwal 1439
Corresponding to: 18 December 2017

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1223 issued on 24 December 2017.