Oman Tank Terminal Company (OTTCO) and Oman Oil Marketing Company (OOMCO) has signed an agreement for operating and maintaining OOMCO’s bunker terminal facility in the Duqm port.

Shell Oman Marketing announced that it commenced aviation fuel supply business at Duqm airport as a part of its efforts to expand its operation in the port city of Duqm.

Bharat Petroleum Corporation Limited (BPCL) announced in a statement to the stock exchange, that it will acquire OQ’s shares in the Bina refinery project for RO 120 million.

The Oman’s Ministry of Energy and Minerals signed an Exploration and Production (E&P) agreement with Majan Energy company for developing Block 71 in Habhab field on a distance of 282 km²ز

The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020.

Petrofac company announced that it has acquired two contracts in Oman worth $300 million through Petroleum Development Oman (PDO).

The Oman’s average daily production of oil has increased 0.23% during December 2020, recording 722,443 barrels per day (b/d) compared to the previous month.

BP Oman has successfully completed the first well stimulation on Block 61 by Abraj Energy Services in the Ghazeer field.

OQ company is ongoing discussions with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential of selling its shares in in Bharat Oman Refineries Limited (BORL).