Petroleum Development Oman Services (PDO) has signed its first commercial contract with Tethys Oil Oman Onshore Limited for acquiring seismic activities in Block 56 worth $14 million.
The Oman’s Ministry of Energy and Minerals (MEM) announced that it is establishing a national hydrogen alliance under the name of Hy-Fly to support the development and deployment of clean hydrogen in Oman.
Equinor company announced that the Norwegian authorities has approved the plan of development and operation (PDO) of the Breidablikk field in the North Sea with investments about NOK 18.6 billion.
Petroleum Development Oman (PDO) Company announced that it has signed an agreement with the International Energy Agency (IEA) for boosting cooperation in energy transitions and policy dialogues.
Oman has established a new energy development company as it seeks to leverage oil blocked debt.
Petrofac’s engineering, procurement, construction management, and commissioning (EPCC) contract for Rabab Harweel Integrated Project (RHIP), has reached its completion in Southern Oman.
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 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).
So far mass redundancies in the Omani oilfield industry have been avoided by the Ministry of Manpower.
STATS group has agreed a two year extension to a Master Services Agreement with Petroleum Development Oman (PDO) to provide pipeline isolation and hydrostatic testing services.
