Oman | Egypt Oil & Gas - Part 14
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 impac...
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), the Times of Oman reported. Official figures released by the Ministry of Oil and Gas showed that the ...
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) in 2018, a senior official at the Capital Market Authority (CMA) told Muscat Daily. “We ho...
KBR wins Oman LNG contract
American engineering company KBR has been awarded a project management and consultancy contract by Oman LNG to build a 120 MW gas engine power plant, The Oil and Gas Year reported. KBR stated it was also tasked with h...
Oman Oil to Sell 10% Stake in Khazzan Gas Field
State-run Oman Oil plans to sell a 10% stake in the Khazzan natural gas field amid a restructuring of the company’s business model, Bloomberg reported. Oman Oil currently holds a 40% stake in the field, and Brit... Oxy Oman Signs Contracts with Local Engineering Firms
Independent oil producer Occidental Oman (Oxy Oman) has signed two oil field service contracts with local Omani companies for engineering support services, the renting of centrifuges and solid control engineering serv... Oman Signs MoUs with Shell, Total
Oman has signed agreements with Shell and Total to develop its natural gas fields, The National reported. The companies signed separate memoranda of understanding (MoUs) with Oman to develop several onshore gas deposi...
Oman Signs Gas Deal with Bangladesh
Oman Trading International Limited (OTI) has agreed a ten-year deal with state-run Bangladeshi oil company Petrobangla for the supply of liquefied natural gas (LNG) to Bangladesh, the Times of Oman reported. OTI will ...
