Oman

SLB Says Middle East Revenue Rose 13% to $1.9 Billion in Third Quarter, Wins Five-Year Contracts From PDO and Kuwait Oil Company

SLB said its Middle East revenue rose 13% from the previous quarter to about $1.9 billion in the third quarter as activity recovered, and disclosed new contracts from Petroleum Development Oman and Kuwait Oil Company.

Oman Economy Grows 5.1% as Rising Oil Production and Prices Drive Growth in 2026

The Oman economy grew strongly during the second quarter of 2026. Higher oil production helped support overall growth during the period. Gross domestic product...

SLB Says Middle East Revenue Rose 13% to $1.9 Billion in Third Quarter, Wins Five-Year Contracts From PDO and Kuwait Oil Company

SLB said its Middle East revenue rose 13% from the previous quarter to about $1.9 billion in the third quarter as activity recovered, and disclosed new contracts from Petroleum Development Oman and Kuwait Oil Company.

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SLB Says Middle East Revenue Rose 13% to $1.9 Billion in Third Quarter, Wins Five-Year Contracts From PDO and Kuwait Oil Company

SLB said its Middle East revenue rose 13% from the previous quarter to about $1.9 billion in the third quarter as activity recovered, and disclosed new contracts from Petroleum Development Oman and Kuwait Oil Company.

Middle East Oil Exports Rise Above Pre-War Levels Despite Growing Tanker Attacks

Oil exports from the Middle East moved above pre-war levels during several days in late September. Regional crude shipments reached as much as 22.5...

Oman Economy Grows 5.1% as Rising Oil Production and Prices Drive Growth in 2026

The Oman economy grew strongly during the second quarter of 2026. Higher oil production helped support overall growth during the period. Gross domestic product...

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SLB Says Middle East Revenue Rose 13% to $1.9 Billion in Third Quarter, Wins Five-Year Contracts From PDO and Kuwait Oil Company

SLB said its Middle East revenue rose 13% from the previous quarter to about $1.9 billion in the third quarter as activity recovered, and disclosed new contracts from Petroleum Development Oman and Kuwait Oil Company.

Middle East Oil Exports Rise Above Pre-War Levels Despite Growing Tanker Attacks

Oil exports from the Middle East moved above pre-war levels during several days in late September. Regional crude shipments reached as much as 22.5...

Oman Economy Grows 5.1% as Rising Oil Production and Prices Drive Growth in 2026

The Oman economy grew strongly during the second quarter of 2026. Higher oil production helped support overall growth during the period. Gross domestic product...

Oman Digital Talent Gains New Career Opportunities Through SAP and PDO Partnership

Oman digital talent is gaining new opportunities through a new collaboration between SAP and Petroleum Development Oman. The partnership connects PDO’s Digital Innovation Programme...

Duqm Refinery Reaches 255,000 Barrels Per Day as Oman and Kuwait Expand Global Energy Operations

Duqm Refinery has reached around 255,000 barrels per day during 2026. The figure represents about 110% of its planned design capacity. The refinery was...

Gulf Oil Remains Competitive as Saudi Arabia Restores Pipeline Operations Amid Rising Security and Transport Costs

Gulf oil remains competitive despite rising expenses linked to infrastructure repairs and security measures. Saudi Arabia has restarted operations on its East-West pipeline after...

OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

Brent Oil Surges Above $90 as US-Iran Strikes Raise Fears Over Gulf Energy Supplies

Brent oil prices climbed above $90 as fresh US-Iran strikes increased concerns about regional energy supplies. The renewed fighting also raised fears about shipping...

Oman Strengthens Health, Safety and Environmental Standards Across Oil and Gas Sector to Support Safer and Sustainable Operations

Oman is strengthening health, safety, and environmental standards across its oil and gas sector as operational activity continues to expand. The Ministry of Energy...

Oman-Iran Maritime Deal Raises Hopes for Strait of Hormuz Reopening as Oil Prices Fall 2%

Hormuz reopening hopes have increased after Oman and Iran announced plans to improve maritime safety. The announcement also pushed oil prices lower during early...

Trump Warns Iran Trading Partners as Strait of Hormuz Disruptions Push Oil Prices Higher

The Trump Iran warning has increased pressure on countries maintaining business ties with Tehran. The warning also pushed fresh concerns across energy markets. US President...

OQEP Profit Surges 19% as Higher Oil Prices and Production Boost Oman’s Energy Sector

OQEP profit increased strongly during the first half of 2026 as higher oil prices supported Oman’s state energy company. Rising sales volumes also helped...