Oman | Egypt Oil & Gas - Part 30
Omani Oil Service Firm to Repurchase Own Bonds
Renaissance Services shareholders have approved plans for the company to buy back mandatory convertible bonds issued in 2012 and issue perpetual bonds, the Omani firm said on Tuesday. Shareholders endorsed the repurch...
GCC States Outline Key Technological Priorities for Oil Sector
The Industry Technology Facilitator’s (ITF) Gulf Cooperation Council (GCC) members have agreed to take on three technology challenges. Representatives from Kuwait Oil Co., Petroleum Development Oman, and Abu Dhabi Nat...
Oman’s International Buying Spree Spans Three Continents
Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to trade refined products and La...
Oman’s Electricity Conservation Education and Awareness Campaign
Muscat Electricity Distribution Company (MEDC), a part of Nama Group, is continuing its electricity conservation campaign with the co-oepration of the Al Rahma Charity Group. The campaign focuses on many different act...
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, its chief ex...
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. It includes many associated events, such as spreadin...
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. The new offices, opened under the patronage of Dr Khalid bin Abdullah Al Abri, de...
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, a rep...
