Oman | Egypt Oil & Gas - Part 6
BP Pledges Oil, Gas Investments in the Middle East
BP has affirmed it will continue it will invest more money into to leading oil and natural-gas fields in the Middle East despite the company’s transition to renewable energy and tries to lower emissions, according to ...
EOG Resources Obtains 50% Interest in Oman’s Block 49
EOG Resources has entered into an agreement with Tethys Oil’s subsidiary, Tethys Oil Monstasar, that sees EOG receive Tethys 50% working interest in Block 49 onshore Oman, according to the Oman Observer. The Explora...
BP Starts Production at Oman’s Ghazeer Field
BP in partnership with OQ, Petronas, and the Ministry of Energy & Minerals in Oman have announced that production has commenced from its Block 61 Phase 2 Ghazeer gas field, according to a press release. Production... Oman’s Production in September Reaches 718,000 bbl/d
The Sultanate of Oman’s average daily production of crude oil reached 718,700 barrels per day (bbl/d) during September, according to the Times of Oman. This represents an average daily production drop of 0.18% month-o... Oman’s Oil Production Falls 7.5% in August
The Sultanate of Oman’s oil production in August declined by 7.5% which roughly equates to 190.91 million barrels (mmbbl) of oil, according to the Times of Oman. According to statistics from the National Centre for St...
Oman Awards New Exploration Block to Maha Energy
The Ministry of Energy and Minerals of the Sultanate of Oman announced the awarding of onshore exploration block 70 to Maha Energy AB (Maha), according to a press release. The exploration block, located in the middle ... Omani Oil, Gas Industry Expected to Grow 14% in 7 Years
Following a new report from the Chemical Material Food Energy (CMFE) Insights Research Foundation, the Sultanate of Oman’s oil and gas sector is expected to grow at a compound rate of 14% between the years 2020 to 202...
Six Arab Countries Reassert Compliance to OPEC+ Deal
The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain re-affirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets, according to ...
