Middle East
Oman
Oman has emerged as an upstream hotspot, with major’s flocking to expand their footprint in a bid to emulate the successes of the BP-led Khazzan tight gas field.
State of Play
The Sultanate has steadily maintained oil output at just shy of 1mn b/d in recent years. But the real story is Oman's gas renaissance. Oman LNG is operating near its 10.5mn t/y capacity on the back of BP's Khazzan start up. And new projects are on the horizon.
2021 In Numbers
| Crude Output | 752 | mn b/d |
| Condensate Output | 219 | mn b/d |
| Oil Rig Count | 38 | - |
| Gas Rig Count | 5 | - |
| GDP Growth | 3.5 | % |
Refining & Petrochemicals
22 Sep, 2023
Featured
Oman Gas Networks: Expansion In The Pipeline
Key expansion projects will boost gas supplies to Oman LNG by 6bcm/y from 2024 and fuel the planned Marsa LNG bunkering facility.
Oman’s Key Ongoing & Planned Gas Pipeline Projects
NEWS IN BRIEF
Oman Ends Jet Fuel Surge
22 Sep, 2023
Oxy Hits Payday In Oman
11 Aug, 2023
Oman Block 11: PDO/Shell Seismic Deal
14 Jul, 2023
Oman Powergen Record As Solar Surges
7 Jul, 2023
Oman: IMF Revises Down 2023 Growth
30 Jun, 2023
Oman-Bangladesh LNG Deal
23 Jun, 2023
Oman’s Block 70 Flows Extra-Heavy Oil
26 May, 2023
SELECTED DATA
Oman's Crude Output, At 730,000 b/d For Q1, Is Down 120,000 b/d Year-On-Year With Opec+ Restrictions, But Condensate At 223,000 b/d Is Level With The Record Set In Q4 Last Year ('000 b/d)
Oman’s Top LNG Customers: India Climbs To Third Place For 2020 (mn tons)
Oman Gas Output Hit A Record 44.7bcm For 2020 Despite A Slump In Associated Volumes In Line With Crude Output (bcm)
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