Oman and Saudi Arabia Have Signed an Energy Cooperation Agreement
The Sultanate of Oman and the Kingdom of Saudi Arabia signed an energy Memorandum of Understanding. The signing took place on the convention floor of the COP27, which Egypt was hosting.
The agreement intends to provide a framework for the two sides’ energy cooperation. It promotes collaboration in a variety of fields, including oil, gas, sustainable sources, electricity, fuel efficiency, and petrochemical products.
It also promotes collaboration in the domains of the circular carbon economy and associated …
