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Royal Decree

Royal Decree 13/2019 Approving the Assignment by Oman Oil Exploration and Production LLC of 50% of Its Rights and Obligations in the Agreement Signed on 11 October 2011 for Block 42 to Shell Oman Exploration and Production BV

2019/13 13/2019

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,

Royal Decree 18/2012 Approving the Petroleum Agreement between the Government of the Sultanate of Oman and Oman Oil Exploration and Production LLC for Block 42,

and the collection of documents by which Oman Oil Exploration and Production LLC assigned 50% of its rights and obligations in the petroleum agreement signed on 11 October 2011 for Block 42 to Shell Oman Exploration and Production BV, which accepts this assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assigned by Oman Oil Exploration and Production LLC of 50% of its rights and obligations in the petroleum agreement signed on 11 October 2011 for Block 42 to Shell Oman Exploration and Production BV 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: 16  Jumada Al-Awwal 1440
Corresponding to: 23 January 2019 

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1278 issued on 27 January 2019.