Oman

State-owned Oman Oil Company’s upstream arm OOCEP this week finalized a $1bn loan facility to be used to repay a...

Oman hopes its stability will attract investors for its 2017 bid round. Last year’s effort was a flop.

Oman’s state-owned Salalah Methanol Company (SMC) has announced financial closure for a new ammonia unit to be built alongside the...

Oman’s Rural Areas Electricity Company (Raeco) has awarded a consortium led by Abu Dhabi’s renewable energy firm Masdar an engineering,...

Oman’s finances look a little less dire than they did last year. With the country on track to rack up a $12.7bn deficit, ratings agencies have reason to be worried. At least the Sohar refinery expansion and BP’s Khazzan start-up will provide a boost.

The DRPIC joint venture of state upstream firm Oman Oil Company (OOC) and Kuwait’s overseas downstream unit KPI has awarded...

Oman is developing a 230,000 b/d export refinery at Duqm to a tight schedule. Progress on previous projects, and Oman’s tight finances, suggest slippage is likely.

Oman has for the first time turned to the Chinese market to raise new debt. The Ministry of Finance announced on...

Saudi Aramco’s planned 5% float has spurred other Gulf NOCs to think likewise, both to raise cash and as a path to modernization and forging global partnerships.