Oman | Egypt Oil & Gas - Part 19
Oman Begins Oil Output Cuts
Oman is expected to cut oil output by 45,000b/d. This is about 4.5% of its 1mb/d day production, to honor the agreement with the Organization of Petroleum Exporting Countries (OPEC).
Oman Produce About 1mb/d of Oil
Oman's total crude oil and condensates production during November 2016 stood at more than 30mb/d, averaging just over 1mb/d.
Oman to Select Consultants for First Large Solar Project
The Oman Power and Water Procurement Company (OPWP) is expected to select consultants for advising the Sultanate’s government on the country’s first large-scale solar project during December.
Oman, Russia to Monitor Production Cut Deal
Oman and Russia have been named to the committee set up by OPEC to oversee the implementation of oil production cuts agreed upon by OPEC and non-OPEC nations. NGC to Setup New Firm in Abu Dhabi
Omani National Gas Company (NGC) has announced the establishment of a new company in Abu Dhabi, in partnership with Professional Partnership Investments under the name of NGC Central Gas System LLC.
S. Korea to Invest $27b in Omani Downstream Projects
South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b.
Spain’s Tecnicas Reunidas to Build Oman’s Refinery
Spain’s Tecnicas Reunidas (TR) has won a contract in Oman to undertake the engineering and front-end engineering design (FEED) of a new grassroots bitumen refinery planned at the country's Sohar Port & Freezone.
Oman to Invest $1.8b in Petchem
The state-owned Oman Oil Company (OOC), the national petroleum investment company, plans to progress the implementation of three strategically petrochemical ventures by 2017. The total investment worth $1.81b.
