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.
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.
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
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.
Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the Business Opportunities Forum at the Oman International Exhibition Centre a ...
Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.
"Activity in Abu Dhabi is still as it was; Oman activity for us is increasing this year. We see the Middle East contracting market as a little bit different than in the rest of the world, where it is much more cut-th ...
South Korean conglomerate Doosan Heavy Industries and Construction Company has won a contract to supply steam turbines and generators for a new Independent Power Project (IPP),.
Saudi Aramco's Chairman Khalid al-Falih said on Sunday that the company has no plans to cut oil production and he foresees the oil market rebalancing in 2016.