Oman | Egypt Oil & Gas - Part 4

Oman, Majan Energy Sign EPSA for Developing Habhab Field

The Oman’s Ministry of Energy and Minerals signed an Exploration and Production (E&P) agreement with Majan Energy company for developing Block 71 in Habhab field on a distance of 282 km²ز

Oman’s Condensate Production Increases by 45.2% in December

The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020.

Petrofac Wins Two Contracts in Oman worth $300 MM

Petrofac company announced that it has acquired two contracts in Oman worth $300 million through Petroleum Development Oman (PDO).

Oman Oil Production Picks Up by O.23% in December

The Oman’s average daily production of oil has increased 0.23% during December 2020, recording 722,443 barrels per day (b/d) compared to the previous month.

BP Completes First Well Stimulation in Ghazeer field

BP Oman has successfully completed the first well stimulation on Block 61 by Abraj Energy Services in the Ghazeer field.

OQ to Divest BORL Shares

OQ company is ongoing discussions with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential of selling its shares in in Bharat Oman Refineries Limited (BORL).

Oman Establishes New Energy Company

Oman has established a new energy development company as it seeks to leverage oil blocked debt.

BP Pledges Oil, Gas Investments in the Middle East

BP has affirmed it will continue it will invest more money into Iraq’s, Oman’s, and the United Arab Emirates’ (UAE) oil and natural-gas fields despite the company’s transition to renewable energy and tries to lowe ...

EOG Resources Obtains 50% Interest in Oman’s Block 49

EOG Resources has entered into an agreement to acquire Tethys Oil’s subsidiary, Tethys Oil Monstasar, in a deal that sees EOG receive Tethys 50% working interest in Block 49 onshore Oman.

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