Dentons advises Mitsui E&P Middle East on the sale of its interest in Oman’s Block 27

London/Muscat -Dentons has advised oil and gas exploration and production company Mitsui E&P Middle East (MEPME), a subsidiary of Mitsui & Co., Ltd., on the sale of its 35% non-operated interest in Block 27 in the Sultanate of Oman to OQ Exploration & Production SAOG (OQEP) for US$75 million.

Block 27 is a producing onshore oil and gas asset in Oman that has been operating since 2006, operated by Occidental Petroleum, a major U.S.-based international energy company, which will keep its 65% interest after the deal completes.

The asset sale and purchase agreement was signed on 15 April 2026. Completion of the transaction is subject to customary governmental and regulatory approvals, and partner consents. Dentons advised Mitsui on all legal aspects of the transaction and also previously advised Mitsui on the sale of its interests in Block 3&4 and Block 9 in the Sultanate of Oman to Kistos.

The Dentons team was led by energy partner Torquil Law and included Muscat-based partner Yasser Taqi , counsel Paul Flynn, senior associate Fatima Al Sabahi, associates Alexandra Velizarova, Nada Al-Amri and trainee solicitors Manya Jain and Jonathan Webb.

Torquil Law, who led the Dentons transaction team, said: "It was once again great to work with Mitsui's international M&A team and MEPME on this important deal in Oman. Our involvement in this transaction once again underscores the firm's leading position in the Oil & Gas sector, as well as the strength of its international network and its presence in the Middle East."

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