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 ...

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 ...

Meanwhile, the hit on the Fajr-e Jam Gas Refinery, in Bushehr province, threatens to disrupt Iran’s domestic electricity and ...

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 ...

The new financing is expected to be incurred by an indirect wholly-owned subsidiary of Rex. Rex International’s indirect ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

In the corridors of Al Bustan Palace in Muscat, during the recent Oman-Saudi Knowledge Dialogue Forum, the gathering was not merely a stage ...

MUSCAT, 15th April, 2025 (WAM) -- The Sultanate of Oman and the Netherlands today signed three agreements related to the production and export of liquefied hydrogen.The Oman News Agency (ONA ...

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate.

By Yinka Coker Ufuoma Akomuvie Akpomeyoma is a Senior Seismic Interpreter, Reservoir Geophysicist, and Geohazards Expert at ...

Oman Oil Company will have the option to back in to up to a 20% interest in the block after the discovery of gas. ... PDO will continue to produce oil from several fields within the block area.

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 ...