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.

2020 In Numbers

Crude Output	762	'000 b/d
Condensate Output	189	'000 b/d
Oil Rig Count	39	-
Gas Rig Count	6	-
GDP Growth	-6.4	%

Oil & Gas

7 May, 2021

Featured

Oman State Firm Sees Oil & Gas Output Drop Amid Opec+ Cuts

The state firm’s bond prospectus gives a look under the hood at both ambitious exploration plans, and downstream where key projects are set to come online.

Oman Gas Output* Was Flat In 2020 Despite Slight Increase In Non-Associated Volumes (bn cfd)

Choose Sections

NEWS IN BRIEF

BP-PTT Oman Sale: A ‘Bargain’?

30 Apr, 2021

Oman: Record Condensate Output

23 Apr, 2021

Tethys Oman Well Disappoints

26 Mar, 2021

Oman: Masirah Completes Offshore Upgrade

19 Mar, 2021

EOG Expedites Oman Plans

5 Mar, 2021

Total Plans Solar-Powered Oman LNG Bunkering

26 Feb, 2021

Oman: Masirah Targets 30,000 B/D By End-March

26 Feb, 2021

Shell Eyes Oman Gas Expansion

19 Feb, 2021

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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