Strategic Integrated Contract Signed to Develop Bin Umar and Sindbad Oil Fields

The Ministry of Oil has signed an integrated management contract to develop the Bin Umar and Sindbad fields in cooperation with a major global energy corporation, as part of a governmental strategy to boost oil and gas production capacities. The five-year contract was concluded in the presence of senior ministerial leaders. The ministry stated that the project aims to significantly increase the production capacity of the Bin Umar field, in addition to capturing substantial amounts of associated gas daily. The ministry emphasized its continued pursuit of strategic partnerships with leading global companies to strengthen the energy infrastructure, expressing its commitment to overcoming all obstacles to ensure the successful realization of the contract's developmental goals.