Oman
News
May 30, 2018
Oman Oil Co. is planning to sell a 10% stake in a key natural gas field in the sultanate amid a review of the state-owned energy producer’s options for restructuring its business, according to people with knowledge of the matter.
News
May 14, 2018
Total has signed a Memorandum of Understanding (MOU) with the Government of Oman to develop natural gas resources in Oman. This MOU covers both upstream and downstream businesses.
News
April 09, 2018
BP today announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman.
News
March 29, 2018
Petrofac has been awarded a contract worth $265 million for the development of the Marmul Polymer Phase 3 (MPP3) Project in southern Oman.
Article
February 2018
Downhole turbines are a solution in hard and abrasive formations, otherwise inaccessible with conventional motors.
Article
February 2018
Kreuz Subsea has secured a contract supporting Larsen & Toubro (L&T) and Oil & Natural Gas Corp. (ONGC) in India.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
Article
January 2018
TAM International has opened a new manufacturing facility in Obninsk, Russia—approximately 70 mi southwest of Moscow.
News
January 10, 2018
Halliburton has announced a multi-million dollar software grant to the Colleges of Science and Engineering at Sultan Qaboos University in Oman. The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful careers in the oil and gas industry.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
News
December 28, 2017
Gulf Arab energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans.
News
December 12, 2017
Petrofac has been awarded a lump-sum contract worth approximately $800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultanate of Oman.
News
November 14, 2017
The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a subsidiary of state company Oman Oil Company SAOC (OOC), and Eni today entered into an Exploration and Production Sharing Agreement (EPSA) for Block 52, located offshore Oman.
News
November 09, 2017
The first phase of development of Oman’s giant Khazzan gas field was officially inaugurated by BP CEO Bob Dudley and Sayyid Haitham bin Tarik Al’Said, minister of heritage and culture for Oman.
News
October 17, 2017
Following a recent award by the Kuwait Oil Company (KOC) to deliver a lower completions project, Tendeka, a global leader in advanced completions and production optimization, has been awarded two further contracts in the Middle East.
Article
October 2017
Middle East/North Africa grapples with production cut commitment, despite urge to boost output
News
September 26, 2017
BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, today announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and Production.
News
September 25, 2017
Oman, the biggest Arab oil producer outside of OPEC, is turning up the heat in a regional battle for business from ships in need of fuel with a $600 million deal to build storage tanks at the port of Sohar.
News
August 15, 2017
Packers Plus Energy Services Inc. has announced recent developments with BP Oman Exploration (Epsilon) Ltd. Collaborations include development of a customized completion system, successful installation and subsequent stimulation of two high pressure/high temperature (HPHT) wells in Oman's Khazzan field.
News
June 08, 2017
Petrofac has secured a long-term framework agreement (FA) with Petroleum Development Oman (PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for major oil and gas projects.
News
May 18, 2017
Oman plans to sell $2 billion of Islamic bonds this month as it seeks to trim a large budget deficit caused by lower oil revenue, Finance Minister Darwish Al Balushi said.
