Oman | Egypt Oil & Gas - Part 5

Omani OTTCO, OOMCO Sign Agreement for Bunker Operation in Duqm

Oman Tank Terminal Company (OTTCO) and Oman Oil Marketing Company (OOMCO) has signed an agreement for operating and maintaining OOMCO’s bunker terminal facility in the Duqm port, Times of Oman reported. Per the terms ...

Shell Oman Starts Aviation Fuel Business in Duqm

Shell Oman Marketing announced that it commenced aviation fuel supply business at Duqm airport as a part of its efforts to expand its operation in the port city of Duqm, a press release reported. On this occasion, CEO...

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 Observer reported. The company holds a...

Oman, Majan Energy Sign EPSA for Developing Habhab Field

Oman’s Ministry of Energy and Minerals signed an Exploration and Production Sharing Agreement (EPSA) with Majan Energy company for developing Block 71 in Habhab field on an area of 282 km², Oman news agency (ONA) repo...

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, according to Oman News Agen...

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), a press release stated. The first contract is a 30-month engineer, procurement and con...

Oman’s OMMCO to Operate Terminal Bunker in Duqm Port Soon

Oman Oil Marketing Company (OOMCO) General Manger, Ali Ahmed Muqaibal,  announced that OOMCO is establishing a terminal bunker barge which will be always located at Port of Duqm and it is planned to be operated before...

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

Oman’s average daily production of oil has increased by 0.23% during December 2020, recording 722,443 barrels per day (bbl/d) compared to the previous month, Times of Oman reported quoting the monthly report of the Mi...

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. This is considered one of the largest stimulations completed by Abraj. Yousuf al-Ojaili, BP Oman...

OQ to Divest BORL Shares

OQ, Oman’s global integrated energy company, entered into discussion with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential selling of its shares in in Bharat Oman Refineries Limited (BORL), acc...

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