Oman | Egypt Oil & Gas - Part 29
Service Provider Petrofac Wins $900 Mn Oman Contract
Petrofac Ltd said it won an about $900 million contract from state-controlled Petroleum Development Oman (PDO) to provide services at a field south west of Muscat.
Iran-Oman Gas Linkup Entering Feasibility Stage
National Iranian Gas Exports Co. (NIGEC) has selected a consultant to conduct feasibility studies for a pipeline to export gas from Iran west to Oman.
Oman on Path to Absorbing Vitol’s Oi Trading Joint Venture
Oman will take full control of an oil-trading venture it owns with Vitol Group, the world’s largest independent energy trader, in the latest sign of the rise of state-owned commodities traders.
Circle Oil Attributes its Substantial Loss to Operations in Egypt, Oman
Circle Oil said it swung to a substantial pretax loss in 2014 after it booked impairments and write-offs related to its operations in Oman and Egypt and the fall in oil prices.
Oman Waste-to-Energy Initiative to Go Private
The government-owned Oman Environmental Services Holding Company (Be’ah) plans to complete a detailed feasibility study of its landmark waste-to-energy initiative by the third quarter of this year.
Oman to Pour Billions into Indonesian Oil Sector
Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said on Thursday.
Oman Making Safety Records in Power Sector
Al Ghubra Power and Desalination Company (GPDCO), a part of Nama Group, has achieved a record of five million safe man hours during 1,884 working days,
Oman Still Going for Growth Despite Oil Prices, Says Kuwaiti Bank
Despite a sizeable fiscal deficit this year and the next due to decline in oil prices, Oman is likely to avoid deep cuts in spending as the real GDP grows by 4% in 2015 before moderating to 3.7 per cent in 2016, a re ...
