Petrofac Wins Two Contracts in Oman worth $300 MM

• Thursday, 4th February 2021
• by Fatma Ahmed

Petrofac company announced that it has acquired two contracts in Oman worth $300 million through Petroleum Development Oman (PDO), a press release stated. The first contract is a 30-month engineer, procurement and con...

Oman Inaugurates First Manufacturing Plant

• Tuesday, 19th November 2019
• by Mai El Ghandour

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), according to Zaw...

Oman to Seek Foreign Loans to Finance Oil&Gas Projects

• Thursday, 18th February 2016
• by Egypt Oil & Gas

State-owned Petroleum Development Oman (PDO) will restructure its debts portfolio in the future by borrowing abroad to finance its projects rather than seeking more funds from its shareholders, Omani Minister of Oil a...

Oman Targets 990,000b/d Level of Oil Production in 2016

• Wednesday, 3rd February 2016
• by Egypt Oil & Gas

The Omani Oil Ministry announced that the country’s oil production in 2016 will target the level of 990,000b/d, Times of Oman reported. The ministry added that its plan to halve economy’s dependence on oil in fi...

Oman’s Oil and Gas Market Expected to Flourish

• Monday, 1st February 2016
• by Egypt Oil & Gas

Oman’s oil and gas market is expected to flourish despite the global oil prices crisis thanks to government’s purposeful commitment to invest in new project developments, exploration, and production, Energy Glob...

PDO workers stage strike

• Wednesday, 16th March 2011
• by Egypt Oil & Gas

Several hundred workers at Oman’s state oil company Petroleum Development Oman (PDO) staged protests at company headquarters and at least one oil and gas field, demanding higher wages. The protesters in Muscat, ...