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'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.
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.
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.
Petroleum Development Oman (PDO) will start production from its Rabab Harweel Integrated Project (RHIP), the company’s largest ever, in late 2019.
Malaysian Petronas is close to buying a 10% stake in Oman’s al Khazzan gas field from the state-owned Oman Oil Company.
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.
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.
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 produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).
Musandam Power Company, a majority-owned subsidiary of the Oman Oil Company, plans to launch its initial public offering (IPO) before 2019.