Oman | Egypt Oil & Gas - Part 23

Iran and Oman to Establish a Marketing LNG Firm

Iran and Oman plan to establish a joint company to market liquefied natural gas (LNG). It is expected to be registered in Oman, and will have the sole responsibility of market natural gas to other parts of the world.

Oman Records 166% Rise in Petrol Production

Oman recorded a 166% year-on-year increase in the production of regular petrol 90 and super petrol 95 during the first two months of 2016, according to the latest data released by the National Center for Statistics a ...

Iran-Oman Gas Pipeline Route Finalized

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.

EMC Signs Maintenance Contracts in Oman, Algeria, Angola

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 ...

Oman Enhances its Gas Recovery from Old Fields

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 Revises Petrol, Diesel Prices

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.

Iran-Oman Undersea Gas Pipeline Study on Track

Studies on an undersea pipeline to transfer 20mcm/day of Iranian gas to Oman for a period of 25 years will be completed in six months.

Oman’s National Gas Company Fires CEO over Bribery

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.

Oman to Seek Foreign Loans to Finance Oil&Gas Projects

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.

Omani First Crude Cargo May be Heading to US in 3 Years

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 ...

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