Oman | Egypt Oil & Gas - Part 32
Oman Oil Executive Found Guilty in Anti-Corruption Campaign
The chief executive officer of Oman Oil Company has been sentenced to 23 years in jail in a landmark case that found that Ahmad Al-Wahibi accepted a bribe of $8 million from Korea-based firm LGI, a report said.
Oman Has 10% Stake in New Japanese-Saudi Power Plant Deal
Saudi Arabia's ACWA Power IPO-ACWA.SE and Japan's Mitsui & Co said on Monday they had won a contract from Oman's government to build and operate a $630 million, 445 megawatt natural gas-fired power plant
Gulf States Compete to be Top Investor in Egypt, Despite Oil Price Crunch
Of the Gulf Cooperation Council (GCC) member-states, the UAE stands out for being a major contributor to enhancing the Egyptian economy.
Oman Optimizing Costs to Tackle Oil Price Plunge
Oil producers in Oman, including majority state-owned Petroleum Development Oman (PDO), are resorting to cost-cutting measures in view of the plunging crude prices in the international market.
Oil Prices Strain Gulf Arab Budgets, Retard Growth
Experts say a majority of key oil exporting Arab countries could face a budget deficit of at least $122 billion in 2015 as the result of the falling oil prices.
Circle Withdraws from High-Risk Onshore Oman Well
Circle Oil has had to plug and abandon its Shisr-1 well onshore Oman because of drilling difficulties and failing to find hydrocarbons.
Oman in Renewable Energy Drive with Dhofar Project
Oman’s first commercial renewable power project is set to go operational by May at Al Mazyunah in Dhofar, according to a report.
ProSep Osorb Media Technology for Qatar and Oman
Houston-headquartered ProSep, the oil, gas and water treatment specialist, has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum (QP) and Petroleum Development Oman ( ...
