Oman
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.
News
April 20, 2017
Oman Oil Co., the sultanate’s state-owned energy producer, is seeking advice from banks to sell some energy assets and list units on the local stock market, following plans by its larger peer Saudi Arabian Oil Co. to offer shares to the public.
News
April 12, 2017
Oman Oil Co., the sultanate’s state-owned energy producer, is seeking advice from banks on strategic options for its business, according to people familiar with the matter, following plans by larger peer Saudi Arabian Oil Co. to sell shares to the public.
News
January 03, 2017
Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market.
News
November 08, 2016
BP and Oman Oil Company Exploration & Production have signed an agreement with the government of Oman to amend the Block 61 exploration and production sharing agreement (EPSA). The new agreement, which extends the license area, paves the way for further development of the giant Khazzan tight gas field.
News
October 25, 2016
The first phase of BP Oman’s Khazzan natural gas project is 80% complete and on track to deliver first gas near the end of 2017, the company said in a statement.
News
September 19, 2016
Add Energy, an international energy consultancy provider, has been awarded a contract worth £120,000 ($156,000) with a leading upstream gas operator in Oman.
News
July 05, 2016
GlassPoint Solar, the leading supplier of solar to the oil and gas industry, was named as one of the World Economic Forum’s Technology Pioneers, a selection of the world’s most innovative companies.
News
May 24, 2016
DNO’s Hayah-1 exploration well in Oman's Block 36 failed to encounter hydrocarbons other than minor gas shows and will be plugged and abandoned, the company said in a statement.
News
March 23, 2016
Marsol International, a United Arab Emirates-based marine solutions provider focused on the offshore oil terminal market and related infrastructure, has been awarded two contracts in Oman.
News
March 17, 2016
Veolia, through its subsidiary Veolia Water Technologies Gulf, has been awarded a contract by Petrofac to provide process water treatment solutions on petroleum development Oman’s Rabab Harweel Integrated Project.
News
March 17, 2016
The Miraah solar project underway in southern Oman earned Petroleum Development Oman (PDO) and GlassPoint Solar a prestigious Shell Upstream International (UI) Impact Award.
News
February 14, 2016
BP and Oman Oil have signed a heads of agreement with the government of Oman committing to amend the Oman Block 61 exploration and production sharing agreement (EPSA), extending the license area of the block and enabling a further development of the major Khazzan tight gas field. BP is the operator of Block 61 with a 60% interest, and Oman Oil holds the other 40%.
News
November 18, 2015
Following significant interest from technology developers, the Industry Technology Facilitator (ITF) will present proposals to its Gulf Cooperation Council (GCC) members for a potential collaborative joint industry project (JIP) on hybrid enhanced oil recovery (EOR).
News
November 05, 2015
Petroleum Development Oman (PDO) and GlassPoint Solar have broken ground on their landmark solar project ‘Miraah’.
News
September 14, 2015
Tendeka has announced two significant contracts for its zonal isolation and inflow control technology in the Middle East.
News
August 30, 2015
Oman may start importing to meet surging domestic energy demand, according to two people with knowledge of the matter, a shift in trade that would make it the fourth Arab country in the oil-rich Persian Gulf to buy LNG.
News
August 16, 2015
Oman, the biggest oil producer in the Middle East outside OPEC, said its crude and condensate production in July exceeded 1 MMbopd for the first time.
News
June 11, 2015
Petrofac has been awarded an engineering and procurement contract by Petroleum Development Oman (PDO) to provide services for its Yibal Khuff project, a field located approximately 350 km southwest of Muscat in the Sultanate of Oman.
News
April 13, 2015
OPEC is making a mistake by seeking to preserve its share of global crude sales amid a global production glut instead of trimming output to prop up prices, Oman’s oil minister said.
News
March 04, 2015
Circle Oil is to plug and abandon the Shisr-1 well, in Oman’s Block 49, following drilling difficulties.
