Oman
News
July 15, 2019
McDermott International, Inc., announced it has been awarded a sizeable contract by Total Oman E&P Development B.V. in partnership with Oman Oil Company S.O.A.C. to provide front-end engineering design (FEED) services for the Sohar LNG bunkering project in Oman.
News
May 19, 2019
KBR, Inc. has announced it has been awarded a front end engineering design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in the Sultanate of Oman.
News
April 25, 2019
Petrofac has secured a number of new awards and contract extensions, with a combined value of over $30 million, to provide training solutions for key national oil company and international oil company clients in Oman, the UAE and Iraq.
News
April 08, 2019
Total and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) have signed a Heads of Agreement (HoA) for the award to Total of an exploration license on Block 12 with significant prospective gas resources.
News
January 14, 2019
Following recent announcements of Eni S.p.A.’s acquisition of new exploration acreage in Bahrain, the UAE and Oman, Will Scargill, senior oil & gas analyst at GlobalData offers his view on their place within the company’s wider strategy.
News
January 14, 2019
BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman.
News
January 03, 2019
DNO ASA, the Norwegian oil and gas operator, today announced that its subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas (MOG) and state-owned Oman Oil Company Exploration and Production LLC (OOCEP).
News
January 02, 2019
Oman’s government, whose budget deficit is among the largest of all the sovereigns tracked by Fitch Ratings, will tap capital markets for a fourth straight year to plug a fiscal gap vulnerable to lower oil prices.
News
December 31, 2018
CET Tethys Oil has entered into an agreement to acquire a 2% participating interest in Block 53 onshore Oman from Total E&P Oman, a wholly-owned subsidiary of Total S.A.
News
December 17, 2018
Petrofac has been awarded a contract worth around $115 million for the development of the Qarn Alam Co-Generation Project, located 350 km southwest of Muscat, Oman.
News
December 11, 2018
Baker Hughes, a GE company joined forces with the Petroleum Development Oman (PDO) to open its first artificial lift systems assembly and repair facility in Oman to support PDO’s operations and other customers in the region, with the aim of optimizing production, saving costs and enhancing oil production.
News
September 25, 2018
Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter.
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.
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.
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.
