News

The prolific Block 6 was spun off from Oman’s biggest oil producer, Petroleum Development Oman, in 2020 into the newly formed EDO. The company owns 60% of the block’s oil and 100% of the gas ...
Illustrative of this trend is the company’s decision in 2006 to partner with Indonesia's MedcoEnergi to operate the KSF cluster—a group of 18 small and mature oil fields located in southern Oman. This ...
Oman has taken a bold step toward becoming a regional manufacturing hub for artificial lift systems with the successful ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel have raised fears that shipping and crude flows through the narrow waterway ...
In the corridors of Al Bustan Palace in Muscat, during the recent Oman-Saudi Knowledge Dialogue Forum, the gathering was not merely a stage ...
What you need to know: The move comes amid ongoing challenges for the East African Crude Oil Pipeline (Eacop), which has seen more than $500m (Shs1.8 trillion) injected by shareholders following ...
Meanwhile, the hit on the Fajr-e Jam Gas Refinery, in Bushehr province, threatens to disrupt Iran’s domestic electricity and ...
The new financing is expected to be incurred by an indirect wholly-owned subsidiary of Rex. Rex International’s indirect ...
By Yinka Coker Ufuoma Akomuvie Akpomeyoma is a Senior Seismic Interpreter, Reservoir Geophysicist, and Geohazards Expert at ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up its state finances ...