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Invitation to bid

Posted: 15 August 2005
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Oman has announced invitation to bid for oil exploration and joint production contracts in its five new sites - blocks 54, 55, 56, 57 and 58. The area under bid measures 23,545 sq km and is adjacent to the South Oman Salt Basin, with proven oil reserves of 16.5 billion barrels, the Ministry of Energy said in a statement.

Deadline for companies to submit bids is 1 January 2006 .



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