Oman ///

KBR awarded FEED contract for Oman LNG's debottlenecking project

KBR, Inc. has announced it has been awarded a front end engineering design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in the Sultanate of Oman.

Petrofac secures training solutions contracts in Oman, UAE and Iraq

Petrofac has secured a number of new awards and contract extensions, with a combined value of over $30 million, to provide training solutions for key national oil company and international oil company clients in Oman, the UAE and Iraq.

Total strengthens Oman's natural gas sector

Total and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) have signed a Heads of Agreement (HoA) for the award to Total of an exploration license on Block 12 with significant prospective gas resources.

World of oil and gas

Emily Querubin, World Oil

The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.

New exploration captures support Eni’s aggressive Middle East growth strategy

Following recent announcements of Eni S.p.A.’s acquisition of new exploration acreage in Bahrain, the UAE and Oman, Will Scargill, senior oil & gas analyst at GlobalData offers his view on their place within the company’s wider strategy.

BP, Eni to pursue major new exploration opportunity in Oman

BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman.

Two big producers just called a bottom for oil: $60/bbl

Italy’s top oil producer and Oman’s energy minister predict the latest oil rebound will stick.

DNO hands over operatorship of Oman Block 8 following license expiry

DNO ASA, the Norwegian oil and gas operator, today announced that its subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas (MOG) and state-owned Oman Oil Company Exploration and Production LLC (OOCEP).

Oil keeps Oman on debt binge with $6.2 billion plan for 2019

Oman’s government, whose budget deficit is among the largest of all the sovereigns tracked by Fitch Ratings, will tap capital markets for a fourth straight year to plug a fiscal gap vulnerable to lower oil prices.

Total sells mintority interest in Oman block to Tethys

CET Tethys Oil has entered into an agreement to acquire a 2% participating interest in Block 53 onshore Oman from Total E&P Oman, a wholly-owned subsidiary of Total S.A.

Petrofac secures contract with Petroleum Development Oman

Petrofac has been awarded a contract worth around $115 million for the development of the Qarn Alam Co-Generation Project, located 350 km southwest of Muscat, Oman.

BHGE opens first artificial lift assembly, repair facility in Oman

Baker Hughes, a GE company joined forces with the Petroleum Development Oman (PDO) to open its first artificial lift systems assembly and repair facility in Oman to support PDO’s operations and other customers in the region, with the aim of optimizing production, saving costs and enhancing oil production.

OPEC, allies move closer to oil cuts as bear market adds urgency

OPEC and its allies started laying the groundwork to cut oil supply in 2019, reversing an almost year-long expansion, with Saudi Arabia reasserting its role as swing producer by announcing fewer shipments from next month.

BP's tech gurus borrow ideas to drive billions in savings

In Oman, temperatures are so high, roads melt. The searing heat triggers sensors that roughnecks extracting natural gas from a BP well are wearing across their chests.

The heart of global oil exports thrives amid geopolitical tensions

Michele Cowart, World Oil

The Middle East and North Africa (MENA) remain the quintessential oil exporting region, replete with considerable assets and tensions.

Oman's Renaissance is said to mull $1.5-billion Topaz Energy IPO

Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter.

Oman Oil said to seek buyers for stake in Khazzan gas field

Oman Oil Co. is planning to sell a 10% stake in a key natural gas field in the sultanate amid a review of the state-owned energy producer’s options for restructuring its business, according to people with knowledge of the matter.

Total signs MOU for integrated gas project In Oman

Total has signed a Memorandum of Understanding (MOU) with the Government of Oman to develop natural gas resources in Oman. This MOU covers both upstream and downstream businesses.

BP to develop second phase of Oman’s giant Khazzan gas field

BP today announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman.

Petrofac secures contract with Petroleum Development Oman

Petrofac has been awarded a contract worth $265 million for the development of the Marmul Polymer Phase 3 (MPP3) Project in southern Oman.