Oman LNG Signs Nine-Year Deal with bp
Oman's liquefied natural gas (LNG) company Oman LNG has announced a major deal with bp, selling approximately 1 million tons per year (mtpa) of LNG for nine years starting in 2026.
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TotalEnergies Extends Partnership with Oman LNG
TotalEnergies has announced that it had signed an amendment to extend its partnership with Oman LNG liquefied natural gas (LNG) beyond 2024 by ten years and with Oalhat LNG by five years.
Oman Manufactures its First Well Drilling Rig
Oman has completed its first well drilling rig among four others expected to be manufactured, with the aim of strengthening and localizing its oil and gas industry.
CCED Commences Flare Gas-to-Power Project in Oman
CC Energy Development (CCED) has started a flare gas-to-power project in its blocks 3 and 4 (Afar and Ghunaim) operations on the east coast of Oman to reduce greenhouse gas emissions (GHG) and reach a zero gas flaring target by 2027.
Shell Gas Extends Shareholders’ Agreement for Oman LNG
Shell Gas has announced that it signed an amended shareholder’s agreement with partners in the Oman LNG LIC venture to push the liquified natural gas (LNG) business beyond 2024.
Wail Shaheen Appointed as Vice President for bp Egypt
bp Egypt has announced the appointment of Wail Shaheen as Vice President Egypt, effective 1 November 2023.
SLB Achieves $1.12B in Net Profits in Q3 2023
SLB has reported its third quarter results of 2023 (3Q23), achieving a net profit of $1.12 billion in the third quarter of 2023, or $0.78 per share, compared to a net gain of $907 million, or $0.67 per share, in the same period a year ago.
Additive Manufacturing: Revolutionizing the Oil and Gas Industry
Additive manufacturing, also known as 3D printing, is a recent innovative solution that is playing a crucial role in the growth and development of the oil and gas sector.
Kuwait Seeks to Boost Oil Production, Pushes on with Durra Gas Field
Kuwait's oil minister, Saad Al-Barrak announced a new strategy to boost oil and gas production on Monday and said his country would prepare the infrastructure for the Durra gas field, which it shares with Saudi Arabia and Iran claims a stake in.
Oman’s Oil Exports Reach 178.9 mmbbl by end of July 2023
Data released by the National Centre for Statistics and Information (NCSI) showed that the total amount of exported oil recorded 178,956,300 barrels at the end of July 2023.
