Tehran has announced that it has laid foundation for a subsea pipeline to export natural gas to Oman following reports that the route for the pipeline has been finalized jointly by Iranian and Omani experts.
The Egyptian Maintenance Company (EMC) has managed to sign contracts for the maintenance of oil and electricity projects in Oman, Algeria, and Angola for the first time and to increase its activities in Iraq, Mohamme ...
WEG, a leading global manufacturer of motor and drive technology has developed variable speed drive systems to help with the extraction activities from some of Oman’s older gas fields.
Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.
Oman’s National Gas Company has terminated a contract with its CEO, Goutam Sen, following upon the 2014 disclosure that he had been detained over suspected bribes paid to a government official.
State-owned Petroleum Development Oman (PDO) will in future borrow abroad if it needs to finance projects rather than ask for more funds from its shareholders.
The US could receive its first Oman crude cargo in three years as the price of West Texas Intermediate (WTI) crude futures rose above Omani oil futures, Dubai Mercantile Exchange (DME). The prices for Middle East fut ...