Oman

Oman Oil Price Drops 21 Cents Amid Regional Energy Market Volatility

Oman oil price drops again, reaching $66.61 for August 2025 delivery. The decrease equals 21 cents compared to Tuesday’s closing rate of $66.82 per...

ADNOC Drilling Enters Oman Market Through Major $112m Stake Deal

ADNOC Drilling has taken a bold step into Oman’s oilfield services sector by acquiring 70% of SLB’s land drilling rigs business in the Sultanate. Notably,...

Oman Oil Price Drops 21 Cents Amid Regional Energy Market Volatility

Oman oil price drops again, reaching $66.61 for August 2025 delivery. The decrease equals 21 cents compared to Tuesday’s closing rate of $66.82 per...

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Oman Oil Price Drops 21 Cents Amid Regional Energy Market Volatility

Oman oil price drops again, reaching $66.61 for August 2025 delivery. The decrease equals 21 cents compared to Tuesday’s closing rate of $66.82 per...

Oman Reports 2024 Budget Surplus from Hydrocarbon Revenue Rise

Oman reports 2024 budget surplus from hydrocarbon revenue rise as oil prices outpaced initial forecasts. The final account for the 2024 budget shows total...

ADNOC Drilling Enters Oman Market Through Major $112m Stake Deal

ADNOC Drilling has taken a bold step into Oman’s oilfield services sector by acquiring 70% of SLB’s land drilling rigs business in the Sultanate. Notably,...

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Oman Oil Price Drops 21 Cents Amid Regional Energy Market Volatility

Oman oil price drops again, reaching $66.61 for August 2025 delivery. The decrease equals 21 cents compared to Tuesday’s closing rate of $66.82 per...

Oman Reports 2024 Budget Surplus from Hydrocarbon Revenue Rise

Oman reports 2024 budget surplus from hydrocarbon revenue rise as oil prices outpaced initial forecasts. The final account for the 2024 budget shows total...

ADNOC Drilling Enters Oman Market Through Major $112m Stake Deal

ADNOC Drilling has taken a bold step into Oman’s oilfield services sector by acquiring 70% of SLB’s land drilling rigs business in the Sultanate. Notably,...

Nama Group Advances Oman Energy Transition With Key Projects

Nama Group continues to make major progress in driving the Oman energy transition. The group presented updates during its annual media briefing, showcasing strategic gains...

Oman Drives Energy Transition Cooperation with Malaysia

Oman continues to strengthen its international partnerships, especially in clean energy. Recently, HH Sayyid Asa’ad held important talks with Malaysia’s Minister of Energy Transition...

Oman OQBI Profit Growth Reflects Strong Industrial Strategy

The Oman OQBI profit growth reflects a powerful combination of strong sales, operational efficiency, and strategic focus. OQ Base Industries (OQBI) reported a sharp...

Sohar Polymer Project Moves Ahead with First Phase Launch

The Sohar polymer project is moving forward with strong momentum. It will launch its first phase early next year. ZL EOR Chemicals leads this...

Oman Oil Profits Surge as OQEP Reports Strong Quarter

Oman oil profits continued rising as OQ Exploration and Production Company (OQEP) reported solid financial results for the first quarter. Net profit surpassed OMR74.9...

Oman Gas Pipeline Expansion Plans Move Forward

Oman gas pipeline expansion plans move forward as OQ Gas Networks (OQGN) outlines a bold strategy to grow the national gas grid. The company...

Oman Issues New Fuel Station Regulations to Boost Sector Growth

The new fuel station regulations in Oman aim to improve safety, raise service quality, and attract more investment into the sector. The Ministry of...

Oman is Committed to Cleaner Oil and Gas Production

For Cleaner oil and gas production Oman is committed to continue its oil and gas production while embracing cleaner, more sustainable methods. The country’s...

UK Leads FDI in Oman, Oil and Gas Focused

UK companies continue to dominate foreign direct investment (FDI) in Oman, with a significant portion directed towards the oil and gas sector. According to...