Middle East

Oman

Oman has emerged as an upstream hotspot, with majors 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 kept oil output at around 1mn b/d in recent years. But the real story is Oman’s gas renaissance. Oman is exporting around 12mn t/y of LNG on the back of recent capacity expansion and new projects are on the horizon.

2024 In Numbers
Crude Output 762,000 b/d
Gas Output 5.26 bn cfd
LNG Exports 12.06 mn tons
Power Capacity 11.3 GW
Renewable Capacity 1.7 GW
Corporate

10 Oct, 2025

Featured

PDO Oil Output Rises To 70% Of Oman’s Total

Oman’s PDO is enjoying a strong year, with record oil production. But as PDO’s share of national output hits 70%, it’s clear that other producers are in decline.
PDO’s Liquids* Output On Course To Exceed 700,000 b/d For 2025, With Output Up 4% Year-On-Year (‘000 b/d)
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NEWS IN BRIEF

EDO Taps Debt Market For $130mn

10 Oct, 2025

Eni Finds Gas In Oman, Is It Commercial?

26 Sep, 2025

Oman Awards First Solar Battery Project

26 Sep, 2025

Oman LNG Shorlists For Fourth Train

19 Sep, 2025

Iraq Eyes Crude Storage In Oman

5 Sep, 2025

Oman-Oxy Eye Power Plant CCS

22 Aug, 2025

Oman Launches Incentives For Third Green Hydrogen Round

15 Aug, 2025

Oxy Oman Crude Output Jumps 20%

8 Aug, 2025

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SELECTED DATA

OQEP Net Gas Output (Mn Cfd) Steadily Rises

While Liquids Output Declines Following Block 60 Farm-Out(‘000 b/d)

Tethys Working Interest Output* Is Down 40% From 2019's Peak ('000 b/d)

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