Oman Warns Crude Oil Customers of 10% Cuts for September
Oman has informed its crude oil customers that it will cut around 10% in allocations for September loading and delivery
Oman | Egypt Oil & Gas - Part 7
OQ Establishes New Alternative Energy Business Stream
OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources.
BP Oman to Launch 500-million-cubic feet gas project
BP Oman has announced plans to ramp up gas production by a massive 500 million cubic feet per day (mcf/d) from its Ghazeer development in Block 61 by the end of 2020.
Oman to Slash July Output by 200,000 bbl/dÂ
Oman has announced that it is to dramatically reduce the Sultanate’s oil production by 200,000 barrels of oil per day (bbl/d) in July to comply with the record oil cuts that were extended for another month.
PDO Oil, Gas Production Reaches Record Levels in 2019
Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent per day (mmbbl/d) in 2019, a 0.41% increase from 2018’s 1.205 mmbbl/d.
Oman’s Blend Crude Oil Exports Drop by 2.41% in April
The Sultanate of Oman’s average daily exports of Oman Blend crude oil in April was down 2.41%, totalling 894,139 barrels of oil per day (bbl/d).
Oman Ratifies Tethys Oil’s Farm-in into Block 56Â
The Omani government has ratified Sweedish energy firm Tethys Oil’s farm-in into the onshore concession Block 56.
Tethys’ April Oil Production Share Reaches 370,000 Barrels in Oman
Tethy Oil’s share of the production from Blocks 3&4 onshore the Sultanate of Oman amounted to 378,132 barrels in April, working out as 12,604 barrels of oil per day (bpd).
Oman’s Petrochem Project Nears CompletionÂ
The Sultanate’s $6.7 billion petrochemical project at Sohar Port is nearing its launch.
Oil Producers to Cut Oman’s Production by 200,000 bbl/d
Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d).
