Oman agreed to allow South Korean companies to participate in the country's large-scale energy and infrastructure projects, which are estimated to a total cost of $27.1b.
BP Oman announced that phase one of its massive Khazzan natural gas project, which is located in an undeveloped desert site 350km south of Muscat, is 80% complete.
Kuwait Energy Plc announced that the company has brought Faihaa-2 well's production online. The well is situated in the Block 9 concession, in Basra , Southern Iraq.
India has rejected talking with Iran on gas import through Pakistan, in lieu of transferring Iran’s gas through subsea lines, despite the higher costs.
Tethys Oil said its share of oil production from onshore operations at Block 3 and 4 in Oman was more than 12,400b/d in August, about 5% increase from July levels.
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by ...
Saudi Arabia's Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m.
Oman's Ministry of Oil & Gas has extended the exploration and production sharing agreement (EPSA) with Masirah Oil Ltd. for Block 50 for another 3 years.
Oman’s crude oil exports grew by 6.2% during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% in the overseas markets during the same period of time, resulting in a net revenue ...