Oman | Egypt Oil & Gas - Part 20
Petrofac Signed $600m Omani LPG Deal
Petrofac has picked up a $600m contract to develop a major liquefied petroleum gas (LPG) project in Oman.
Kuwait, Oman Cut Oil Output per OPEC Deal
Inline with OPEC's production reduction agreement, Kuwait has cut output by 130,000b/d to about 2.75mb/d. While, Oman was to cut 45,000b/d from its 1.01mb/d.
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.
