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Shell and Total to develop Oman gas for GTL and LNG

Shell and Total will develop Omani gas resources under new MOUs, which the country hopes will offset its production decline Shell and Total will develop Omani gas resources under new MOUs, which the country hopes will offset its production decline.
By Verity Ratcliffe 14 May 2018 0 30835
A Shell storage tank at Harweel, Oman A Shell storage tank at Harweel, Oman. (Shell)

Shell and Total have signed memorandums of understanding with Oman to develop gas resources in the country’s onshore Block 6 and build downstream gas facilities on the Omani coast. The IOCs will work together on the upstream part of the project but commercialise their shares of the gas separately. 

The IOCs plan to develop the gas discoveries in the Greater Barik area via a joint venture, with Shell holding a 75% stake and acting as operator and Total holding 25%. The project includes several fields, including...