Oman | Egypt Oil & Gas - Part 25

Oman Awaits Approval of Ambitious Tax, Subsidy Reforms

Oman's top advisory body, the Shura Council, has voted for the biggest increase in corporate taxes in many years aimed at offsetting a budget deficit over oil price slump.

Oman Awards Compressor Contracts to GE Oil & Gas

GE Oil & Gas has won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation, and commissioning of a fleet of electric motor-driven centrifugal compressors.

Oman’s ORPIC Signs $5b Contracts for Petrochem-Related Projects

Oman Oil Refineries and Petroleum Industries Co (ORPIC) will sign contracts worth more than $5b to build the Liwa plastics complex.

Oman Oil Marketing to Invest in Fuel Stations in Saudi Arabia

Oman Oil Marketing Company has been permitted to launch its feasibility study to determine the scope of its potential investment in the operation of fuel filling stations, and fuel services centers in Saudi Arabia.

Oman Ponders $4b Investment to Boost Oil Output

Oman Oil's exploration and production division mulls investments worth $4 billion over the next five years to boost its oil output up to 200,000b/d in 2020.

Dolphin Energy Wins $863m Loan

UAE's Dolphin Energy Ltd., an Abu Dhabi-controlled venture, providing 2cf/d of gas from Qatar to Oman and the UAE, has secured a 15-year long bank loan of $863m.

Jiangsu Changbao to Build up Steel Tube Facility in Oman

China-based Jiangsu Changbao Steel Tube Company will build up a steel piping manufacturing facility worth $20m in Oman to supply the domestic and regional oil and gas industry.

Oman Gas, LNG Prospects Expand with Iran and Qatar

Iran's Oil Minister Bijan Zangeneh, discussed expansion of energy cooperation between Tehran and Muscat with the visiting Omani Minister of Oil and Gas Mohammed Hamad al-Rumhi.

Platts to Include More Arab Grades into Pricing Benchmarks

Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process

Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange

The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.

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