Qarat Al Milh Petroleum LLC
Qarat Al-Milh Petroleum, owned by the Zubair Corporation and ARA Petroleum LLC, was established in 2016 to explore, develop, and produce hydrocarbons in the PDO QSF contract area.
Qarat al Milh Petroleum was awarded the 24 year contract on 1st September 2016 and commenced operations in the contract area on 1st March 2017 after passing the PDO audit for safe operation.
The main aim is to maximize commercial production of oil and associated gas from fields and discoveries, whilst increasing recovery factors from producing reservoirs. We are dedicated to maximize the in-country value in the Sultanate of Oman.
For more information see Qarat al Milh Petroleum
ARA Petroleum Oman B44 Ltd
Block 44 is primarily a natural gas and condensate development. ARA’s intention is to carry out workover and drilling campaigns during 2018. Additional engineering studies will begin imminently and be carried out with a view to developing an optimal life of field development plan. More details to follow in due course.
ARA Petroleum Oman B44 Ltd is wholly owned by ARA Petroleum LLC.
On 2nd August 2016, ARA Petroleum LLC confirmed its acquisition (via its affiliate, Eclipse Investments LLC ) of approximately 29.9% of the shares in Aminex PLC, an oil and gas company dual-listed in Ireland and the UK with a portfolio of assets in East Africa.
Aminex plans to continue the development of the Ntorya discovery in a drive towards near term production in the Ruvuma PSA while maximizing value in Kiliwani North Development.
ARA Petroleum looks forward to its involvement in the ongoing work programs and adding technical and commercial value as a key cornerstone investor.
ARA Petroleum Oman B31 Ltd
In November 2017, ARA Petroleum signed an Exploration and Production Sharing Agreement with the Government of the Sultanate of Oman in regards to Oman Block 31, an exploration block neighbouring Block 44.
ARA plans to start subsurface engineering activities early in 2018, followed by an exploration and activity plan later in the year.
ARA Petroleum Oman B31 Ltd is wholly owned by ARA Petroleum LLC.