The Ministry of Energy and Minerals has signed in 5th  October 2020, new Exploration and Production Sharing Agreement (EPSA) en route for having the right to explore and develop the concession Block 70.

The agreements was signed in Muscat on behalf of the Government of the Sultanate of Oman by His Excellency Moahmmed Hamed Al Rumhy, the Minister of Energy and Minerals and Maha Energy (Oman) Limited for Block 70, which occupies an overall area of  639 km2. The agreement was signed on behalf of Maha Energy by Talal Al Subhi, the representative of the company in the Sultanate. The commitment of the company under the agreement is obtaining geological and geophysical studies, reprocess 3D seismic and drill appraisal and Pilot wells to evaluate and produce the heavy oil in Mafraq field in the Block. 

The agreements was signed in Muscat on behalf of the Government of the Sultanate of Oman by His Excellency Moahmmed Hamed Al Rumhy, the Minister of Energy and Minerals and Maha Energy (Oman) Limited for Block 70, which occupies an overall area of 639 km2. The agreement was signed on behalf of Maha Energy by Talal Al Subhi, the representative of the company in the Sultanate. The commitment of the company under the agreement is obtaining geological and geophysical studies, reprocess 3D seismic and drill appraisal and Pilot wells to evaluate and produce the heavy oil in Mafraq field in the Block.