Oman | Egypt Oil & Gas - Part 18

Schlumberger Wins Exploration Contract in Oman

Schlumberger won a one-year contract from Oman-based Petrogas Kahil for the drilling of three exploration wells in Block 55, OGN reported. The integrated drilling services contract is estimated at $20 million, Oman Ob...

Eni Acquires Block Offshore Oman

Italian oil major Eni has acquired rights over the only maritime block offered during the Oman’s latest licensing round that was launched in late 2016. The transaction came as a considerable fillip to Muscat’s long-st...

Oman’s OOC, Eni Sign Offshore MoU

Italy’s Eni has signed a memorandum of understanding (MoU) with Oman Oil Company (OOC) to jointly explore opportunities in oil and gas, including Block 52, offshore Oman, which was awarded to the two companies followi...

MENA Crude Weakens Following Omani Prompt Oil Offer

The Middle East crude market weakened for a second session as prompt oil sales by Oman weighed on the market. This comes as Oman offered crude oil for prompt loading in June and July in tender that closed on 23rd of M...

CGG Extands Contract with Oman’s PDO

CGG announced the extension of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing center (DPC) in Muscat. The contract will b...

Oman’s Natural Gas Production, Imports Dropped

Oman’s natural gas production and imports edged down by 1% to 13,532mcm for the first four months of 2017, compared with 13,670mcm in the same period of 2016, Hellenic Shipping News reported. According to Oman’s Natio...

KBR Wins FEED Contract for Oman LNG

KBR Incorporation announced it was awarded a front-end engineering design (FEED) and project management services contract for Oman Liquefied Natural Gas LLC (Oman LNG) in Qalhat, Oman, according to Reuters. As informe...

Shell Signs New Agreement in Oman

Royal Dutch Shell signed a heads of agreement with Oman Oil Company Exploration & Production (OOCEP). The agreement allows Shell to work on Block 42 in Oman, reported Your Industry News. OOCEP issued a statement o...

Oman, Iraq to Sign Storage Deal

Oman will sign a strategic oil storage deal with Iraq in order to help expand the Sultanate as an oil-trading hub with easy access to Asian trade routes, reported The National. The two countries will sign a memorandum...

Oman Announces Downstream IPO

Oman plans to offer shares of some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Gulf Base reported, citing Oman’s Oil and Gas Minister, Mohammad...

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