Oman Oil Refineries & Petroleum Industries Company (Orpic) is planning major investments in storage and handling facilities for petroleum coke, a report said.
Amec Foster Wheeler has been awarded a technical services agreement contract by Oman Oil Refineries and Petroleum Industries Company SAOC (Orpic) for the Mina Al Fahal Refinery and Sohar Refinery, Aromatics and Polyp ...
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.
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
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.
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.