Tag: oman

Energy, Oil & Gas

Oman signs feasibility deal for heavy crude production in Block 71

The Ministry of Energy and Minerals (MEM) of Oman has signed a feasibility study agreement with Westlawn Middle East (WLME) and Salamander Solutions Middle East (SSME) to evaluate the potential for heavy crude oil production in Block 71 using Salamander's advanced electric heating technology....

Energy, Oil & Gas

Oman's oil production increases by 0.4pc

Oil production in Oman recorded a 0.4 per cent increase by the end of November 2025, reaching approximately 333,940,700 barrels compared to 332,693,800 barrels during the same period in 2024, according to the latest preliminary data issued by the National Centre for Statistics and Information (NCSI)....

Energy, Oil & Gas

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Energy, Oil & Gas

Oman-based United Solar to receive $30m investment from Waaree Solar Americas

Waaree Solar Americas has signed a binding term sheet to invest $30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations....

Energy, Oil & Gas

EDF consortium inks power purchase deal for 120MW Oman plant

A consortium led by top European utility EDF Power Solutions has signed a 20-year power purchase agreement with Oman's Nama Power and Water Procurement for the development of the 120MW Jaalan Bani Bu Ali (JBB) wind power plant in the sultanate. ...

Energy, Oil & Gas

Kistos to acquire stakes in Blocks 3, 4 & 9 onshore Oman

Kistos, an independent energy company, has signed a binding agreement to acquire a 5 per cent working interest in Block 9 and a 20% interest in Blocks 3 & 4 from Mitsui E&P Middle East, all located onshore in Oman....

Energy, Oil & Gas

Oman unveils first locally made thermal oxidiser

Oman unveiled its first fully locally designed, engineered, manufactured, and tested Thermal Oxidiser, marking a major industrial milestone. Built for Egypt’s Meliha Gas Processing Plant with SLB, it was produced by Majees Industrial Services under the FLAROMAN brand to support regional energy projects and innovation....

Energy, Oil & Gas

Oman’s oil exports exceed 256 million barrels

Oman's oil exports recorded a slight increase of 0.1 percent by the end of October 2025, reaching 256,557,800 barrels, compared to 256,318,800 barrels during the same period in 2024....

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....