We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
and the collection of documents by which Makarim Gas Development LLC assigned 10% of its rights and obligations in the amended petroleum agreement signed on 8 November 2016 for Block 61 to PC Oman Ventures Limited, which accepts this assignment,
and in pursuance of public interest,
have decreed as follows
The assignment by Makarim Gas Development LLC of 10% of its rights and obligations in the amended petroleum agreement signed on 8 November 2016 for Block 61 to PC Oman Ventures Limited is hereby approved. The final shares of the parties to the agreement shall be as follows:
60% for BP Exploration Epsilon Limited.
30% for Makarim Gas Development LLC.
10% for PC Oman Ventures Limited.
This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 10 Rabi Al-Thani 1440
Corresponding to: 18 December 2018
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 1273 issued on 23 December 2018.