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Royal Decree

Royal Decree 74/2020 Approving the Assignment by Total E&P Oman of All Its Rights and Obligations in the Production Sharing Agreement of Mukhaizna Field Signed between Its Parties on 21 June 2005 to Occidental Mukhaizna LLC

2020/74 74/2020

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,

Royal Decree 70/2005 Approving the Production Sharing Agreement of Mukhaizna Field,

and the collection of documents by which Total E&P Oman assigned all of its rights and obligations in the Production Sharing Agreement of Mukhaizna Field signed on 21 June 2005 to Occidental Mukhaizna LLC, which accepts this assignment,

and in pursuance of public interest,

have decreed as follows 

Article I 

The assignment by Total E&P Oman of all of its rights and obligations in the Production Sharing Agreement of Mukhaizna Field signed between its parties on 21 June 2005 to Occidental Mukhaizna LLC is hereby approved. The final shares of the parties to the agreement are as follows:

47% Occidental Mukhaizna LLC

20% Oman Oil Company SAOC

17% IOCL Exploration and Production Oman Limited

15% Liwa Energy Limited

1% Partex (Oman) Corporation

Article II 

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

Issued on: 2 Dhu Al-Hijja 1441
Corresponding to: 23 July 2020 

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1351 issued on 26 July 2020.