Oman | Egypt Oil & Gas - Part 13

Oman to Open Habhab Oilfield to IOCs

Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.

Oman Signs Two Exploration Agreements Worth $65B

The Omani Ministry of Oil and Gas has signed two new exploration and production sharing agreements (ESPA) worth $65 billion to explore and develop the onshore concession blocks 51 and 65.

Omani Oil Production Exceeded 30M Barrels in November 2018: Report

Crude oil and condensates production in Oman have exceeded more than 30 million barrels with a daily average of 1.14 million barrels in November 2018.

Oman’s PDO to Start Production from Rabab Harweel in 2019

Petroleum Development Oman (PDO) will start production from its Rabab Harweel Integrated Project (RHIP), the company’s largest ever, in late 2019.

Petronas to Acquire 10% Stake in Oman’s Al Khazzan Field

Malaysian Petronas is close to buying a 10% stake in Oman’s al Khazzan gas field from the state-owned Oman Oil Company.

Oman Announce Plans for Second Giant Solar Project

Oman Power and Water Procurement (OPWP) have opened a bidding round for a new utility-scale one gigawatt (GW) solar power plant in Oman’s Dhahirah governorate.

Oman Crude Sees $6 Rise in One Day

The price of Omani crude oil crossed the $88 mark on September 26 for the first time in four years, a $6 jump from the day before.

New Pricing Structure Impacts Omani Oil Profits

All three fuel marketing companies working in Oman - Oman Oil Marketing, Shell Oman, and Al Maha - have warned that a new pricing structure adopted by Omani Authorities earlier this year has begun to impact profit ...

Oman Production Reaches 30M barrels in August

Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).

Oman’s Musandam Expects 2018 IPO Date

Musandam Power Company, a majority-owned subsidiary of the Oman Oil Company, plans to launch its initial public offering (IPO) before 2019.

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