Oman government is planning to award one more oil block to an international oil company on a production sharing basis in the Al Wusta region this year, said a senior official from the Ministry of Oil and Gas. “Hopefully, one more will be coming soon. We are in an advanced stage (to award the concession). This is an onshore block,” Dr. Saleh Al Anboori, director general of Management of Petroleum Investments at the Ministry of Oil and Gas, told journalists, after signing a concession agreement for block seven with Hydrocarbon Finder. The Oman government on Thursday had signed an oil concession agreement with Hydrocarbon Finder to take over an existing block on a production sharing basis. As per the agreement, Hydrocarbon Finder, a 100 per cent locally-owned independent oil producer, will take over block seven from Petrogas for producing oil from the concession area. (Times of Oman)