Oman | Egypt Oil & Gas - Part 33
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 ( ...
Oman to Boost Production for Expected Oil Price Rise
Oman, the biggest Middle Eastern oil producer that’s not a member of OPEC, is boosting crude output to as much as possible with the global price rout over, Salim Al Aufi, undersecretary of the oil and gas ministry, said.
Fujairah Expansion into Refining, LNG, Petrochemicals
As global energy production and consumption centres are shifting, Fujairah is transforming into a major platform for local, regional and international companies seeking to expand their footprint into other parts of t ...
Oman: $116 million for New Drilling Project
Dalma Energy, a leading drilling contractor, has partnered with National Bank of Oman (NBO) for the financing of a new project for Petroleum Development Oman (PDO), according to a report.
