Oman | Egypt Oil & Gas - Part 17
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 year, ...
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, Egypt Oil & Gas reports. Boskalis Westmins...
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, Times of Oman reports. The company will refinance its debt and use the remaining ...
China Imports 77.2% of Oman’s Crude Exports
Shipments to China represent 77.2% of Oman’s crude oil exports, Times of Oman reports. Oman exported 171.90 million barrels of crude between January and July 2017. Out of that amount, China imported 132.67 million bar...
Oman’s Topez Secures $100M Contract
Topez Energy and Marine secured a contract to supply Dragon Oil Turkmenistan with six vessels, Oman Tribune reports. The contract is worth $100 million. Dragon Oil Turkmenistan will lease an emergency recovery-and-res...
Oman’s DRPIC Grants $2.75B Contract to Spanish-Korean Consortium
Duqm Refinery & Petrochemical Industries Company (DRPIC) awarded a $2.75 billion contract to a Spanish-Korean consortium for the construction of its main processing plants, reports Times of Oman. The consortium is...
Petrofac, Samsung Engineering Win $2 B Contract for Omani Refinery
Oman’s Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to a 50-50 joint venture between Petrofac Ltd. and Samsung Engineering, reports Reuters. The contract is for construction, engineering, t...
Oman Produces More Petroleum Products
Oman’s production of petroleum products rose by 12% year-on-year during the first half of 2017, according to the National Center for Statistics and Information (NCSI) reports Times of Oman. Oman saw a significant incr...
