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Ministry of Energy and Minerals Awards Contract to Tethys Oil for Development of Concession Area 56

Nov 26, 2024over 1 year ago

Contract Type

contract

MuscatEnergyOil And GasBiomass Energy

Description

The Ministry of Energy and Minerals has awarded Swedish company Tethys Oil a contract for the development of Concession Area 56. The project includes developing oilfields in the area and additional exploration activities, with a total investment volume exceeding OMR92.4 million ($240 million).

Company Information

Company

Tethys Oil

Location

Muscat, Muscat Governorate, Oman

About

Tethys Oil is a Swedish company specializing in oil and gas exploration and production.

Predictive Intelligence
Strategic

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.