Mazoon Petrogas, a subsidiary of Petrogas E&P, along with its partner China National Petroleum Corporation (CNPC), has signed an agreement with the Ministry of Energy and Minerals for the exploration and production of oil and gas in Oman’s Block 15 concession area.
As the MSGBC region gradually positions itself as a globally competitive gas economy, the MoU will be instrumental in accelerating the adoption and monetization of gas.