Company Movehigh confidence
Kistos Completes Acquisition of Stakes in Omani Producing Blocks
Rigzone · September 15, 2026 · Week 2026-38
Summary
London-based energy firm Kistos has finalized its acquisition of Mitsui's stakes in the producing onshore Blocks 3 and 4 in Oman. This transaction marks Kistos's strategic entry into the Middle East, diversifying its portfolio away from its European base.
Strategic Implication
The deal signals continued appetite from smaller international E&P companies for mature, producing assets in Oman, diversifying the investor base beyond traditional IOCs.