BPCL to Acquire OQ Stake in Indian Refinery
Bharat Petroleum Corporation Limited (BPCL) announced in a statement to the stock exchange, that it will acquire OQ’s shares in the Bina refinery project for RO 120 million.
Oman | Egypt Oil & Gas - Part 5
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 ...
