Egypt has signed a memorandum of understanding (MoU) with Oman to enhance oil and gas cooperation and exchange expertise and technologies in the industry, a statement by Egypt’s Ministry of Petroleum and Mineral Resou...
Petroleum Development Oman (PDO), Oman Shell, Oman LNG, and the Oman Oil-Orpic Group have signed a memorandum of understanding (MoU) to cooperate in developing self-sustaining business models, Times of Oman reported. ...
The share of petroleum activities in Oman’s gross domestic product (GDP) increased by around 37. 1% in 2018, as shown by the Central Bank of Oman (CBO) most recent data. In its annual report for 2018, the CBO said tha...
BP Oman announced that progress in construction works in the Central Processing Facility (CPF) at the Ghazeer project has reached 69% during August. The company said the achievement is a major step towards producing f...
Oman’s crude oil and condensates production reached around 30.1 million barrels during July, with a daily average production rate of 970,682 barrels, Times of Oman reported. The monthly report issued by the Omani Mini...
Oman has signed an agreement with Mazoon Petrogas Corporation, a subsidiary of Petrogas E&P, to produce oil from concession area number 5, Reuters reported. Area number 5, known as “Wadi Aswad”, is spread across 9...
Eni and BP have entered into a gas Exploration and Production Sharing Agreement (EPSA) for Block 77 in Oman, according to a press release. Block 77 covers an area of 2,734 square kilometers located in Central Oman. En...
A quarter of the construction in the Duqm refinery has been completed, and it is supposed to be completed by 2022, Times of Oman reported. The refinery is currently being completed in three bundles, two of which are u...
Oman Oil Company (OOC) and Orpic Group announced that three companies have been awarded Front End Engineering and Design (FEED) contracts, according to a company statement. The three companies awarded FEED contracts a...
Salalah Free Zone (SFZ) has signed a usufruct agreement for the establishment of the Salalah Refinery project, Muscat Daily reported. The $2.5-billion project will have a production capacity of 150,000 barrels per day...