Oman | Egypt Oil & Gas - Part 22
Arabian Drilling to Buy Dalma Energy
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 Extended Block 50’s EPSA until 2020
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 Exports Grew by 6.2%
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 ...
Gulf Petrochem to Distribute IPOL Lubricants in UAE
The Emirate-based Gulf Petrochem Group signed a 5-year agreement to distribute Indian IPOL brand of lubricant in the United Arab Emirates, with operations slated to fully commence during the third quarter of 2016.
Norway’s DNO Abandoned Onshore Well in Oman
Norwegian oil and gas operator DNO said its Hayah-1 exploration well in Oman's onshore Block 36 failed to encounter hydrocarbons, other than minor gas shows, and will be plugged and abandoned.
Iran, Oman to Issue Gas Pipeline Tender
A tender will be held to select contractors for development of a gas pipeline project to send Iran's natural gas to Oman.
Iran Plans to Boost Gas Export to 200mcm/d
Iran plans to raise its gas exports to 200mcm/d through pipelines to nearby countries. In addition, the achievement of liquefied natural gas (LNG) projects are also prioritized.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
