Oman has signed an Exploration and Production Sharing Agreement (EPSA) with the partnership of French energy major Total and Thai state-owned energy conglomerate PTTEP covering the exploration of gas in Block 12 in central Oman. Dr Mohammed bin Hamad al Rumhy, Minister of Oil and Gas, signed the pact on behalf of the Omani government.
Total, with 80 per cent interest, is the operator of the 9,545 sq kilometre concession. PTTEP owns the remaining 20 per cent interest. The license grants the joint venture the right to"...

Muscat: TOGY International Ltd and the Oman Society for Petroleum Services (Opal) signed a collaboration agreement for the production of TOGY’s eighth consecutive report on the Sultanate, The Energy Year Oman 2020.

Formerly known as The Oil & Gas Year exclusive series, The Energy Year Oman 2020 will be the first-of-its-kind to offer a holistic overview of the country’s energy industry at large and showcase the most dynamic companies, projects and undertakings across the entire energy value chain....

Oman’s nascent efforts to unlock the hydrocarbon potential of its vast, untapped offshore acreage received a shot in the arm on Monday when Masirah Oil Limited (MOL) announced it has successfully completed the drilling of an appraisal well in Block 50 offshore Oman’s east coast, with first oil flowing into a tanker anchored nearby.
The Yumna-1 well, located 30 kilometres off the Sultanate’s east coast near Masirah Island, was spudded on December 26, 2019.
“The Yumna-1 well has tested at"...

For the first time in the region, the Sultanate of Oman will be organising the International Gas Union Research Conference 2020 (IGRC 2020) from February 24 to 26, 2020. The 16th edition of the conference, supervised by the Ministry of Oil and Gas, will be held at the Oman Convention & Exhibition Centre (OCEC) and hosted by Oman LNG and presented by the International Gas Union (IGU).
The IGRC 2020 will be hosted for first time in the Middle East as a testament to Oman LNG’s 20 years of excellence operations."...

Oman’s biggest oil and gas event Oman Petroleum & Energy Show (OPES), will take place at the Oman Convention & Exhibition Centre from March 9 to 11. It is considered one of the important oil and gas events in the entire Middle East.

As per the organisers, Oman Petroleum & Energy Show, now an inclusive event, integrates the well-established 12th edition of Oil & Gas West Asia (OGWA), the high-profile Society of Petroleum Engineers"...

Muscat: Oman’s biggest oil and gas event and one of the most important in the Middle East region, will kick-off from March 9 to 11 at the Oman Convention & Exhibition Centre, Muscat, Oman.

The Oman Petroleum & Energy Show (OPES), now an inclusive event, integrates the well-established 12th edition of Oil & Gas West Asia (OGWA), and the recently launched Gas & LNG Show, Offshore & Marine Show, Stainless Steel World Middle East Exhibition, Digital Oil & Gas Zone and the SME Pavilion....

China was the top destination for Omani crude exports in January 2020, lifting 85.96 per cent of total exports averaging 756,586 barrels per day (bpd) during the month, the Ministry of Oil & Gas stated in its monthly review of crude production. Volumes to China climbed 3.20 per cent in comparison with December 2019 shipments, the report said.
The other leading markets for Omani crude were the UAE (eight per cent), India (4 per cent) and Japan (2 per cent).
Total production and crude oil and condensates averaged"...

Muscat: The Sultanate’s daily production of crude oil and condensates stood at 958,270 barrels during January 2020, with a decrease of 1.26 per cent compared to the daily production during December 2019.

The monthly report published by the Ministry of Oil and Gas said that the daily exported quantities of crude oil stood at 756,586 barrels, a decline by 17.88 per cent compared to the daily export rate during December 2019.

Crude imports by China rose by 3.20 per cent during January 2020 to"...

Muscat: The Main Emergency Committee at Diam held on Wednesday a meeting at its main office in Bausher, to discuss the request submitted by Hyflux Oman, the owner of the Quriyyat desalination plant, on the programme for performing periodic maintenance of the plant on February 28th and 29th.

The meeting reviewed the most important precautionary measures that will be taken to reduce the impact of the water supply during the maintenance period, which"...

With increasing gas production in the sultanate, the continuously growing global demand for natural gas will benefit the country’s economy in the long-run, the International Monetary Fund (IMF) has said.

‘Continued growth of demand for natural gas will benefit Qatar and Oman, where it accounts for 75 per cent and 25 per cent of hydrocarbon revenues, respectively,’ the IMF said in a report.

The"...