Tag: oman

Energy, Oil & Gas

Natural gas production in Oman exceeds 47.5bn cubic meters

Oman's production of natural gas—including domestic production and imports—witnessed a growth of 0.8 percent, reaching 47.5026 billion cubic meters by the end of October 2025, compared to 47.1055 billion cubic meters during the same period in 2024....

Energy, Oil & Gas

HydroNova powers multiple sectors with green hydrogen

Oman’s hydrogen company HydroNova, an SME registered with the SMEs Development Authority “Riyada” and operating in the field of clean energy, has used green hydrogen in diesel-powered equipment, including heavy machinery such as trucks and forklifts, as well as electric generators....

Energy, Oil & Gas

Oman's IGC approves transfer of Ghazeer pipeline to OQ Gas Networks

The Integrated Gas Company (IGC), the national gas aggregator of Oman, has approved the transfer of the BP Block 61 Ghazeer Gas Export Pipeline (Phase 2) to OQ Gas Networks, following a comprehensive technical and commercial review of its proposal. ...

Energy, Oil & Gas

Masdar consortium awards contract for 500MW Oman solar project

A consortium led by Abu Dhabi group Masdar has signed up China's CPECC for the development of Ibri III solar storage project in Oman being set up at an investment of $299 million. Once operational, it will boast a 500MW solar storage capacity. ...

Energy, Oil & Gas

Largest wind turbines arrive at Duqm Port, Oman

OQ Alternative Energy, a subsidiary of OQ Group, marked the arrival of the first batch of wind turbines for the Wind 1 and Wind 2 projects at Duqm Port in the Special Economic Zone at Duqm (SEZAD). These projects constitute the largest wind farms under construction in Oman....

Energy, Oil & Gas

Oman's Ministry of Energy signs EPSA addendum for Block-5

Oman’s Ministry of Energy and Minerals signed an additional addendum to the Exploration and Production Sharing Agreement (EPSA) for Oil Concession Block (5), located in the A'Dhahirah Governorate and operated by Daleel Petroleum....

Energy, Oil & Gas

OQEP reports nine-month revenue of $1.64bn

OQ Exploration and Production (OQEP) announced financial results for the nine months ending September 30, 2025, reporting revenues of OMR 633.8 million (about $1.64 billion) and an EBITDA of OMR 471.2 million (approximately $1.23 billion)....

Energy, Oil & Gas

OQ Alternative Energy starts new phase in Oman’s renewables

OQ Alternative Energy (OQAE)- a subsidiary of OQ - has confirmed the arrival of the first batch of wind turbines for the Riyah 1 and Riyah 2 wind farms .Developed in partnership with TotalEnergies, the two projects will feature a combined total of 36 turbines with a total generation capacity of 200 MW of clean electricity produced from wind power....

Energy, Oil & Gas

Oman oil exports exceed 230 million barrels

Oman’s oil exports reached approximately 230.1804 million barrels by the end of September 2025, recording a slight decrease of 0.2 per cent compared to the same period in 2024, which totalled 230.5755 million barrels....

Energy, Oil & Gas

Natural gas production in Oman exceeds 42.6 bcm

Oman's production of natural gas, including domestic production and imports, witnessed a slight growth of 0.9 per cent, reaching 42.6173 billion cubic meters (bcm) by the end of September 2025....

Energy, Oil & Gas

Oman, Spain ink MoUs for green methanol, LNG

Oman and Spain signed MoUs on green methanol and LNG, including a long-term LNG agreement between Oman LNG and Naturgy. Additionally, a consortium aims to develop low-carbon green methanol production in Dhofar, enhancing Oman's carbon neutrality efforts....

Energy, Oil & Gas

Integrated Gas Company seals major deals worth over $8.8bn

The Integrated Gas Company finaliSed 19 agreements, including 14 gas sales valued at over RO3.4 billion ($8.8 billion). This move is expected to generate over RO2 billion in investments and includes strategic agreements with Occidental Oman and Energy Development Company....

Energy, Oil & Gas

Oman’s Environment Authority adopts fiscal policies for net-zero targets

The Environment Authority (EA) is implementing innovative financial policies to meet Oman’s 2050 carbon neutrality goals. This includes securing funding from the Green Climate Fund and enhancing project proposals, partnerships, and international cooperation for effective climate action....

Energy, Oil & Gas

Oman launches its first Global Sustainability Academy

Oman Cables Industry has launched the Global Sustainability Academy, the first of its kind in Oman. It aims to facilitate knowledge exchange and develop practical sustainability solutions to enhance the energy sector's transformation and support economic diversification efforts. ...

Energy, Oil & Gas

Oman Electricity Transmission achieves $750m 5-year green sukuk issuance

Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman's electricity transmission network and a key subsidiary of Nama Group, has announced the pricing and issuance of its inaugural RO 288.5 million ($750 million) 5-year Green Sukuk under its Green Financing Framework....

Energy, Oil & Gas

Petronas, Oman’s OQEP partner to advance upstream

OQ Exploration and Production New Ventures, a subsidiary of OQ, and Petronas Carigali International Ventures have signed a memorandum of understanding to formalise a strategic cooperation agreement, aiming to collaborate on ventures in the oil and gas exploration and production sector....

Energy, Oil & Gas

Omani selected as Energy Leaders for Tomorrow

Abdulaziz d Al Matroushi, a graduate in Petroleum and Energy Engineering from Sultan Qaboos University, has been selected as Energy Leaders for Tomorrow during Energy Intelligence Forum 2025, which was held in London....