Oman LNG Pays a $2 B Loan in Advance

• Monday, 22nd April 2019
• by Mai El Ghandour

Oman Liquefied Natural Gas (LNG) has developed all its facilities with a $2 billion payment ahead of its time, Zawya announced. “The early repayment of the loan by Oman LNG demonstrates the financial robustness of the...

Douglas OHI Awarded 2 Contracts in Oman’s Duqm Refinery

• Thursday, 18th April 2019
• by Editorial Team

Douglas OHI won two contracts to develop the new Duqm oil refinery in Oman, Pipeline Oil and Gas Magazine reported. Douglas OHI, which is a joint venture between Interserve Group and Oman Holdings International (OHI),...

Oman’s OOG Looks for Partners for Developing New Refinery

• Tuesday, 16th April 2019
• by Editorial Team

Oman’s Overseas Oil and Gas LLC (OOG) is seeking new partners for developing a $15 billion new refinery in Bontang, East Kalimantan, according to OOG Chairman Khalfan Al Riyami, Reuters reported. OOG owns 90% of the p...

Oman to Construct Petroleum Coke Plant

• Tuesday, 26th March 2019
• by Editorial Team

Oman’s Salmeen Industrial Projects LLC (SIP) met its joint venture partner the UK-based BSW Group Holdings to develop a petroleum coke calcining plant, Zawya reported citing Muscat Daily. The plant will be funded by B...

HCF Discovers Gas, Condensate in Block 7

• Monday, 25th March 2019
• by Editorial Team

Local Omani oil and gas operator, Hydrocarbon Finder (HCF), discovered gas and condensate in its Block 7 concession in the western part of Wusta Governorate, Oman Observer reported. A deep well was drilled in the Bari...

Oman’s PDO to Boost Oil Production

• Thursday, 21st March 2019
• by Editorial Team

Petroleum Development Oman (PDO) plans to increase oil production to reach 670,000 barrels per day (b/d) over the upcoming five years, Reuters reported. “This comes after it confirmed that 2018 yielded its highest oil...

Oman’s Gas Production to Exceed Oil by 2030: Rystad Energy

• Wednesday, 6th March 2019
• by Editorial Team

Oman’s natural gas production level is expected to exceed that of crude oil level 2030, due to the sultanate’s gas field developments, according to Rystad Energy, Pipeline Oil and Gas Magazine reported. “Amidst rising...

Oman Signs an EPSA with Occidental

• Monday, 4th March 2019
• by Editorial Team

Oman’s government has inked an exploration and production sharing agreement (EPSA) with Occidental of Oman, a wholly owned subsidiary of Occidental Petroleum Corporation, according to Times of Oman. The agreement was ...

Oman Launches Bidding in 2019 License Rounds

• Monday, 18th February 2019
• by Editorial Team

Oman’s Ministry of Oil and Gas announced on February 17 the start of bidding for six petroleum concessions in 2019 licensing round, Muscat Daily reported. Under the announcement, blocks 58, 70, 73, 74, 75 and 76...

BP, Eni Ink HoA with Oman

• Thursday, 17th January 2019
• by Editorial Team

BP and Eni signed a heads of agreement (HoA) with the Omani Ministry of Oil and Gas for more exploration opportunities in the country, BP announced on January 14. Under the agreement, the two companies plan to enter d...