Oman

State upstream firm Oman Oil Company (OOC) has signed a partnership agreement with Thailand’s Gulf Energy Development to build...

Speaking exclusively to MEES, Oman oil minister Muhammad al-Rumhy says that far from facing output decline the country sees “immense” growth potential from both conventional and unconventional oil deposits.

Oman has the “nice problem” of more gas than it knows what to do with. Hikes to LNG capacity are planned, including the region’s first LNG bunkering facilities.

Oman Oil Minister Muhammad al-Rumhy speaks exclusively with MEES about the Sultanate’s ambitious LNG plans, including a pioneering bunkering...

Muscat’s ambitious scheme to transform a remote fishing village to a global hub is finally progressing. But it will take years for the economic benefits to be fully felt.

Oman’s LNG exports* to its six key Asian customers hit a five-year high of 4.39mn tons for 1H 2018,...

Oman’s economy is on the up thanks to higher oil prices. But high unemployment and the continued lackluster performance of the non-hydrocarbons sector remain fundamental problems ahead of a looming royal succession.

Oman ‘produced’ a record 4.83bn cfd of natural gas in July, up from 4.69bn cfd in June—also a record....

State refiners Aramco, Adnoc and KNPC are seeking access to overseas markets. But, with global downstream investment rising, they are not alone.

Japan imported a 300,000 cargo (9,600 b/d) of Omani West Bukha crude in May, the first time it has...

The debt-ridden sultanate’s economic fortunes are on the up thanks to higher oil prices and increased products exports. Its budget deficit for Jan-May is down 46%.

Muscat aims to raise its capacity by 4.7GW (56%) by 2024 to cope with a projected 49% increase in peak demand. Renewables and coal-fired capacity are projected to increase their energy-mix share, while gas-fuel demand should grow only 9%.