Oman

News
June 09, 2020
Occidental Petroleum Corp. is reviewing options for its Middle Eastern assets as it seeks ways to reduce its debt pile, people familiar with the matter said.
Article
February 2019
The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.
Article
October 2018
The Middle East and North Africa (MENA) remain the quintessential oil exporting region, replete with considerable assets and tensions.
Article
February 2018
Downhole turbines are a solution in hard and abrasive formations, otherwise inaccessible with conventional motors.
Article
February 2018
Kreuz Subsea has secured a contract supporting Larsen & Toubro (L&T) and Oil & Natural Gas Corp. (ONGC) in India.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
Article
January 2018
TAM International has opened a new manufacturing facility in Obninsk, Russia—approximately 70 mi southwest of Moscow.
News
January 10, 2018
Halliburton has announced a multi-million dollar software grant to the Colleges of Science and Engineering at Sultan Qaboos University in Oman. The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful careers in the oil and gas industry.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
Article
October 2017
Middle East/North Africa grapples with production cut commitment, despite urge to boost output
Article
October 2014

Despite geopolitical turmoil, Middle Eastern and North African exploration and licensing activity levels remain strong, with the MENA region producing over one-third of the world's oil and one-fifth of global gas.

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