Oman | Egypt Oil & Gas - Part 30
Oil Prices Prompt Topaz to Extend Ambitions to South America
Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price,
Energy Conservation Campaign Launched in Oman
Nama Group has launched a conservation campaign through its social media as a first step to larger scale campaign which will continue to run till the end of August.
Electric Efficiency Reaches Oman’s Wilayat of Seeb
Muscat Electricity Distribution Company (MEDC), a part of the Nama Group, has officially opened its new building in the Waliya of Seeb.
Oman Drill Exploration Wells in Geologically Risky Areas
Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman Oil Company, plans to drill two exploration wells targeting hydrocarbon prospects in the east of the sultanate
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.
