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flag Petronas wins operatorship of Oman’s Block 18 offshore oil block through a government deal.

flag Petronas has secured operatorship of Oman’s offshore Block 18, a 21,000-square-kilometer frontier exploration area off northeast Oman, through a concession agreement with the Omani government and OQEP. flag The move, led by Petronas’ subsidiary PC Oman Ventures Ltd, expands its presence in Oman, where it already holds a stake in Block 61. flag The partnership combines Petronas’ exploration expertise with OQEP’s regional knowledge to explore shallow to ultra-deep water environments. flag The development follows a 2025 memorandum of understanding and supports Petronas’ strategy of disciplined global portfolio growth and energy security.

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