Oman | Egypt Oil & Gas - Part 8

Oman’s Natural Gas Production, Imports Surge by 0.08%

Oman’s natural gas production and imports surged by 0.08% year-on-year (YoY) at the end of November 2019. The country's natural gas production and imports reached around 42.194 billion cubic meters (bcm).

Masirah Oil Successfully Drills the Yumna Oil Field

Masirah Oil Limited (MOL) announced the successful drilling of an appraisal well in the Yumna oil field off Masirah Island in Block 50, offshore Oman's eastern seaboard.

Oman Inaugurates First Manufacturing Plant

Omani oilfield services firm Gulf Energy SAOC inaugurated its first manufacturing facility for cementing casing accessories in the Sultanate, supporting operations in Petroleum Development Oman (PDO).

Masirah Oil Awards Drilling Rig Contract

Masirah Oil Limited, the owner of the Block 50 concession off Oman’s eastern seaboard, has awarded a drilling rig contract to Foresight Offshore Drilling Limited.

Tethys Oil Acquires Omani Block 56

Tethys Oil AB will acquire a 20% interest in the exploration and production (E&P) license in Biyaq Oil Field Services covering Block 56 in onshore Oman.

Petrofac Awards Flare Gas Recovery Contract in Oman

Petrofac has announced that it has secured a contract to support the development of a flared gas recovery project in the Sultanate, citing Oman Observer.

Oman Sells Blend Crude at Premium Above OSP

Omani Ministry of Oil and Gas (MOG) successfully sold a cargo of blend crude via DME auctions, achieving a premium above the Official Selling Price (OSP).

Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September

Oman’s total production of crude oil and condensates reached around 29.18 million barrels, with a daily average of around 972,750 barrels in September.

PDO Signs Multiple Service Contacts

Petroleum Development Oman (PDO) has signed eight new contracts for manufacture, maintenance, labor, and transport services.

Saipem Awards Galfar $60 MM Contract

Galfar Engineering and Contracting announced that it has been awarded a $60 million contract by Saipem for a refinery project at the Duqm region in Oman.

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