Oman Oil and Gas News Update Jan 2014

• Majid al-Futtaim to build $467m shopping mall in Oman – New mall to be the largest in the sultanate.
• CGG renews PDO contract to provide seismic services – Geosciences Company CGG announced that it has been awarded a further contract by Petroleum Development Oman (PDO) to provide seismic imaging services at its dedicated center in Muscat, Oman.
• BP finally signs $16 billion Khazzan field deal in Oman –
• BP and Oman reach final agreement on Khazzan tight gas development – BP and the Omani government have finally signed a gas sales and 30-year gas production sharing agreement for the US$16 billion development of the Khazzan field in Oman.
• Total wins major offshore block in Oman – Total has signed an Exploration and Production Sharing Agreement for offshore Block 41 with Oman. The awarded follows the exploration round launched by the Omani government in November 2012.
• Oman Oil concludes Oxea acquisition deal.