Oman | Egypt Oil & Gas - Part 16

UAE, Oman Indicate Decision on Production Cuts This Month

A decision on extending OPEC’s production-cut agreement with ten other oil producers could be made this month, energy ministers from the UAE and Oman indicated on the sidelines of the Abu Dhabi International Petro ...

Oman Awards Block 49 to Tethys Oil

Oman will award an exploration concession for Block 49 to Tethys Oil Company.

Oman to Award 4 Blocks in 2Q 2018

Oman is expected to announce the results of its tender for four oil and gas blocks next year.

Shell to Sell Stake in Oman’s Mukhaizna

Royal Dutch Shell is looking to sell its stake in Oman’s Mukhaizna oilfield.

OOCEP Signs $1B Loan Agreement

The Oman Oil Company Exploration and Production (OOCEP) finalized an agreement for a $1 billion loan.

Trescorp to Develop Oil Terminal at Sohar

Trescorp signed a $600 million contract with Oman’s Sohar Port and Free Zone for the development of an oil terminal at the port.

Production Begins at Oman’s Khazzan Gas Field

BP has begun producing natural gas from Oman’s Khazzan gas field.

Oman’s Oil Revenues Jump 43%

Oman’s oil revenues for the first seven months of 2017 climbed to OMR 2.5647 billion ($6.6616 billion), a 43% year-on-year increase from the OMR 1.7941 billion ($4.6600 billion) during the same time period last ye ...

Boskalis Westminster Wins Contract for Liquid Berth at Duqm Port

Oman’s Special Economic Zone Authority in Duqm (SEZAD) awarded a $517 million contract to Boskalis Westminster (Oman) LLC to for work on the SEZAD’s liquid-berth project.

SMC Secures $728M for Ammonia Plant

Salalah Methanol Company (SMC), a subsidiary of Oman Oil Company, has secured $728 million in financing for its proposed ammonia plant

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