Times of Oman

Novak Djokovic breaks Roger Federer’s record

Djokovic has extended his stay at the top spot for 311 weeks and has broken Federer’s record

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LONDON: Serbian tennis star Novak Djokovic has broken Roger Federer’s record of being at the top of the ATP Rankings for the maximum number of weeks.

With the start of this week, Djokovic has extended his stay at the top spot for 311 weeks and as a result, the record of Federer has been broken. “The record is broken! @DjokerNole now holds the record for most weeks at No. 1 in the @fedex ATP Rankings,” the official handle of ATP Tour tweeted.

Federer had held on to the record for being at the number one spot for most weeks as he stayed at the pole position for a total of 310 weeks.

The 33-year-old Djokovic had risen to the top of the ATP Rankings for the first time in July 2011.

Djokovic had ended 2020 at the number one spot in the rankings and this was the sixth time that the Serbian finished the year at the pole position.

Earlier this year, Djokovic had won the Australian Open for the ninth time. On February 21, Djokovic defeated Russia’s Daniil Medvedev 7-5, 6-2, 6-2 in the finals of the Australian Open 2021 at the Rod Laver Arena to clinch his 9th Australian title. This was also the 18th Grand Slam win for the Serbian player.

MUSCAT: Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in

February 2021 to 328,209 barrels, correspond­ing to 11,722 barrels of oil per day.

Oil production in Oman is current

ly subject to production limitation­s under the Organisati­on of Petroleum Exporting Countries (Opec+ agreement). As a consequenc­e, produc

tion from Blocks 3&4 is subject to limitation­s but is likely to fluctuate on a monthly basis.

The Official Selling Price (OSP)

for Oman Export Blend Crude Oil for the month of February 2021 amounts to $50.00 per barrel.

The OSP, as published by

Sultanate of Oman’s Ministry of Energy and Minerals, is the benchmark price for Tethys Oil’s monthly oil sales excluding trading and quality adjustment­s.

Wholly-owned subsidiary

Tethys Oil, through its whollyowne­d subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30 per cent interest in Blocks 3&4. Partners are Mitsui E&P Middle East with 20 per cent and the operator CC Energy Developmen­t (Oman branch) holding the remaining 50 per cent.

Tethys Oil is a Swedish oil company with a focus on onshore areas with known oil discoverie­s. The company’s core area is the Sultanate of Oman, where it holds interests in Blocks 3&4, Block 49, Block 56 and Block 58.

Tethys Oil has networking interest 2P reserves of 26.9 mmbo and net working interest 2C Contingent Resources of 13.9 mmbo and had an average oil production of 11,336 barrels per day from Blocks 3&4 during 2020. The company’s shares are listed on Nasdaq Stockholm (TETY).

 ??  ?? Federer had held on to the record for being at the number one spot for most weeks as he stayed at the pole position for a total of 310 weeks.
Federer had held on to the record for being at the number one spot for most weeks as he stayed at the pole position for a total of 310 weeks.
 ??  ?? RECORD BREAKING:
RECORD BREAKING:
 ?? – File photo ?? OIL PRODUCTION: Oil production in Oman is currently subject to production limitation­s under the Organisati­on of Petroleum Exporting Countries (Opec+ agreement).
– File photo OIL PRODUCTION: Oil production in Oman is currently subject to production limitation­s under the Organisati­on of Petroleum Exporting Countries (Opec+ agreement).

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