document: Sharjah is understood to have launched its 1st onshore round process yesterday for blocks A, B + C, available under 30-year contracts + 10-year extension from Sharjahâs NOC. A data room will open on 4 Jul â18 along with other documentation required. Bids close 18 Nov â18, any contracts effective 1 Jan â19. SNOC will retain 25% in blocks A + C, and a 50% in B, which is an un-appraised deep gas play below the Sajaa gas-cond field.
summary: Sharjah is understood to have launched its 1st onshore round process yesterday for blocks A, B + C, available under 30-year contracts + 10-year extension from Sharjahâs NOC. A data room will open on 4 Jul â18 along with other documentation required. Bids close 18 Nov â18, any contracts effective 1 Jan â19. SNOC will retain 25% in blocks A + C, and a 50% in B, which is an un-appraised deep gas play below the Sajaa gas-cond field.