Oman | Egypt Oil & Gas - Part 4
SABIC, OQ Sign MoU for New Petrochemical Project in Oman
SABIC signed a non-binding memorandum of understanding (MoU) with OQ to support a feasibility study for developing a petrochemical project in the Special Economic Zone of Duqm (SEZAD) in Oman, the company said. The pr...
Oman’s Natural Gas Production Increases by 11.7% in September
Oman’s total production of natural gas and imports increased by 11.77% percent reaching 37.95 billion cubic feet (bcf) at the end of September 2021, compared to 33.97 bcf during the same period last year, Oman n...
Omani EDO Secures $2.5 B Funding Deal
Energy Development Oman (EDO) has secured a $2.5 billion debt funding transaction, attracting a massive market response at competitive rates, Times of Oman reported. The financing transaction is aimed at supporting ED...
Oman Establishes National Alliance to Support Clean Hydrogen Deployment
Oman’s Ministry of Energy and Minerals (MEM) announced that it is establishing a national hydrogen alliance under the name of Hy-Fly to support the deployment of clean hydrogen in the country, Times of Oman stated. Ac...
Oman’s Mega Crude Storage Park to Start Operations in Q1 2022
First phase of the Omani mega crude oil storage park is set to be fully completed and operational in Q1 2022, Oman Observer reported. The storage terminal is located in the Ras Markaz on the southern coast of Oman. It...
Tethys Oil’s June Production Records 342,446 bbl in Oman
Production from the Swedish oil company, Tethys Oil –before the government’s take– amounted to 342,446 barrels of oil (bbl) from blocks 3 and 4 onshore Oman in June, according to Times of Oman. Under the Organization ...
Oman’s Motor Fuel Production Increases by 35%
Oman’s motor fuels production has increased by 30% during 2021, Times of Oman, reported. Oman’s fuel M95 production increased to 6.154 million barrels (mmbbl) by the end of May, indicating a 35% increase. M91 fuel pr...
OQ, Madyan Sign Agreement for Assets Acquisition
Oman’s OQ Gas Networks has signed an agreement with the Public Establishment for Industrial Estates (Madyan) to acquire its gas assets, Oman News Agency reported. The agreement stated the transfer of the ownersh...
