Muscat: The oil and gas industry has been a cornerstone of Oman’s energy production. To enhance efficiency, safety, and sustainability, the sector is embracing a range of cutting-edge technologies ...
Muscat: With an aim to meet Oman’s energy needs, the Ministry of Energy and Minerals has announced to offer major concession areas for oil and gas exploration that have immense potential. This comes ...
Arabian Gulf Business Insight on MSN22h
Oil output increase of 30% sought in Oman block offer
Oman is planning to offer 11 new oil concession blocks across the country this year, as it seeks to raise production by a third by the end of the decade. The ministry of energy and minerals, through ...
With production of less than 1 million b/d of oil, the Sultanate of Oman has less oil and gas reserves compared to its GCC neighbors, except Bahrain. Since the sharp drop in oil prices in the second ...
Arabian Gulf Business Insight on MSN3h
UK largest source of FDI in Oman, led by oil and gas
Companies from the UK were once again the biggest source of foreign direct investment to Oman last year, with FDI focused primarily on oil and gas, Oman government data show. UK companies pumped ...
according to the monthly report issued by the Ministry of Oil and Gas (MOG). The total exported quantities of Oman crude oil in January 2019 reached 23.32 million barrels, with a daily average of ...