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.

2018 In Numbers

Crude Output	0.88	Mn b/d
Crude Exports	0.81	Mn b/d
Gas Output	40.88	bcm
Gas Exports	11.21	bcm
Oil Rig Count	45
Gas Rig Count	7

Geopolitical Risk

17 Jan, 2020

Featured

Oman At The Crossroads As New Sultan Takes The Reins

Over his 50-year rule, Sultan Qaboos transformed Oman. His hand-picked successor faces an uphill battle as long-brewing challenges come to the fore.

Oman: Post-Arab Spring Spending & 2014 Oil Price Crash Saw Oman's Debt Skyrocket From $4bn To $46bn In Just Five Years

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NEWS IN BRIEF

Oman Oil Output Averages 971,000 B/D For 2019

10 Jan, 2020

Oman: Petrofac Bags PDO Awards

3 Jan, 2020

Oman Cancels PTA Project

15 Nov, 2019

Oman Readies Offshore Drilling

8 Nov, 2019

Oman: Tethys Farms Into Block 56

1 Nov, 2019

Oman Oil: Steady As She Goes

18 Oct, 2019

Oman’s August Exports Surge

13 Sep, 2019

Oman Slashes 1H Deficit

30 Aug, 2019

Increased Gas Output* Sees 34% Jump In Y-O-Y Lng Production (Gas Consumption, Bcm/Y)

Sohar Refinery Startup Sees Oman Key Products Output Soar In 2018 (B/D)

Oil Products And LNG Are Increasingly Central To Oman Export Revenues ($Bn)

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