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Tag: Oman oil and gas

REPORT: Oman’s Oil & Natural Gas Production Soared to New Heights in 2022

The Sultanate's oil production increased by 9.6 per cent in 2022, touching 388,434,800 barrels by the end of December, as per data revealed by...
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Oman Crude Oil Inches Towards US$90pb – But Why Are Prices Rising?

The price of Omani crude oil for December 2022 delivery hit US$89.76 per barrel, today , constituting an increase of US$4.02 per barrel from...
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A Consolidated Report On Oman’s Economic Performance & Growth In 2022

H.E. Dr Nasser bin Rashid Al-Mawali, Undersecretary of the Ministry of Economy, documented remarkable improvement in the performance of the Omani economy; a feat...
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Ministry Of Energy & Minerals And Shell Sign Exploration, Production Sharing Agreement For Block...

The Ministry of Energy and Minerals (on behalf of the government of Oman) has signed an Exploration and Production Sharing Agreement (EPSA) with Shell...
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Oman LNG Revenues Reach RO3.2B In 2021

Oman LNG’s revenues by the end of 2021 recorded an increase of 31 per cent to reach US$3.278bn compared to 2020. The rise is...
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PDO To Build On Its Sustainability Targets With GE Digital’s Advanced Energy Management System

Petroleum Development Oman (PDO), the leading exploration and oil and gas production company in the Sultanate has purchased GE Digital's Advanced Energy Management System (AEMS). The...
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Oman Petroleum & Energy Show 2022 To Focus On Energy Transition & Future Of...

The Oman Petroleum & Energy Show (OPES) will train the spotlight on the latest in the energy sector as it deep dives into the...
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Oman’s 2022 General State Budget Aims To Increase Oil Production To 1mn+ Barrels Per...

A Royal Decree issued by His Majesty Sultan Haitham Bin Tarik ratified the General State Budget for the year 2022. And while it grants...
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BP To Sell 20% Stake In Oman’s Block 61 To Thailand-Based PTTEP

BP has agreed to sell a 20 per cent participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company Limited (PTTEP)...
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CC Energy Development Looks At Sustainable Local Growth With CSR Activities

The Sultanate’s oil and gas industry has long been a cornerstone of economic progress, supporting the country’s growing energy needs and facilitating the pursuit...
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