Oman
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.
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.
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.
