Oman has informed its crude oil customers that it will cut around 10% in allocations for September loading and delivery, according to Reuters. This 10% cut is part of Oman’s efforts to fully comply with the OPEC+ cuts...
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, according to The Oman Observer. The i...
BP Oman has announced that it is set to launch a 500 million cubic feet per day (mcf/d) project from its Ghazeer development in Block 61, according to The Oman News Agency. This project will effectively increase natur...
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, according ...
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, an increase from 2018’s 1.205 mmbbl/d, according...
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), according to The Times of Oman. In terms of production, it was reported ...
The Omani government has ratified Swedish energy firm Tethys Oil’s farm-in into the onshore concession Block 56, according to the Oman Observer. Tethys oil, had previously signed an agreement with Biyaq Oil Field Serv...
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), according to a press release. Tethys Oil ...
Oman’s $6.7 billion petrochemical project at Sohar Port is nearing its launch, according to the Oman Observer. Officials at OQ (formerly known as Oman Oil &Orpic Group) announced that the Natural Gas Liquids (NGL)...
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), according to the Oman Observer. This figure represents a 23% cut of tota...