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.
Crude Output | 752 | mn b/d |
Condensate Output | 219 | mn b/d |
Oil Rig Count | 38 | - |
Gas Rig Count | 5 | - |
GDP Growth | 3.5 | % |
16 Feb, 2024
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Each of Oman’s top three oil and gas producers saw output fall for 2023 due to Opec+ constraints, ageing reservoirs and the lack of an outlet for gas.
15 Mar, 2024
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23 Feb, 2024
9 Feb, 2024
9 Feb, 2024
15 Dec, 2023
24 Nov, 2023
10 Nov, 2023
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