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Royal Decree

Royal Decree 124/2020 Approving the Petroleum Agreement between the Government of the Sultanate of Oman and Maha Energy (Oman) Limited for Block 70

2020/124 124/2020

Arabic

We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

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

and the petroleum agreement between the Government of the Sultanate of Oman and Maha Energy (Oman) Limited for Block 70 signed on 5 October 2020,

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: 11 Rabi Al-Awwal 1442
Corresponding to: 28 October 2020 

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1364 issued on 1 November 2020.