Oman | Egypt Oil & Gas - Part 19

Oman to Reduce Exports to Asia by 15%

Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.

Bilfinger’s Omani JV Wins PDO Extension Contract

Germany-based Bilfinger said its Oman joint venture (JV) has won an extension of its contract to provide engineering and maintenance services to oil and gas company Petroleum Development Oman (PDO).

Lukoil Targets New Projects in the Middle East

Russian oil giant Lukoil is targeting new projects in the United Arab Emirated (UAE), Iran, Oman and Kuwait as it plans to expand its operations in the Middle East.

Oman: NatGas Production, Imports Dropped in January

Oman’s natural gas production and imports fell by 4.5% to 3,424mcm in January 2017, compared to 3,584mcm in January 2016.

Oman to Pump 1mb/d in 2017

Non-OPEC producer Oman intends to pump an average of 1mb/d in this 2017, despite the 45,000b/d production cut it had pledged with the OPEC-non-OPEC deal.

Siemens to Provide 4 Turbines for Omanian Petchem Project

Siemens will deliver four SGT-700 gas turbines for a major petrochemical project in Oman's Liwa Plastics Industries Complex.

Iran, Oman,India: A $4.5b Pipeline on Track

The implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent, according to South Asia Gas Enterprise Pvt Ltd’s (SAGE) Project Director, Ian Nash.

Iran, Oman Signed Offshore Gas Project Deal

Tehran and Muscat signed a preliminary agreement for a major offshore pipeline project to supply Iranian natural gas to Oman, with top European and Asian companies reportedly in line to implement the project.

Oman Signs Oil, Gas E&P Deal for Bloc 48

Oman’s Ministry of Oil and Gas has signed an Exploration and Production Sharing Agreement (EPSA) with Oman Oil Company Exploration and Production (OOCEP) for Block 48, located between Al Wusta and Al Dhahira regions.

Oman to Invest $1b in Oil, Gas in 2017

State-held Oman Oil Company plans to invest $1b in developing various upstream and downstream projects.

Page 19 of 35

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