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

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

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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.

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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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Oman Strengthens Emergency Preparations to Protect Water and Waste Management Services

Oman Essential Services preparations have intensified as authorities work to protect vital water and waste management operations from potential oil spill impacts. The latest...

Oman Wind Farm Secures $130 Million Funding as Country Accelerates Renewable Energy Expansion

The Oman wind farm project has secured funding as the country expands renewable energy capacity. The $130 million development will support Oman's clean energy...

ASYAD Shipping Expands Fleet with Eco-Friendly Oil Tanker Manah to Strengthen Global Maritime Operations

ASYAD Shipping marked another milestone after adding the environmentally friendly tanker Manah to its growing fleet. ASYAD Shipping announced the vessel as part of...

Abraj Energy Raises Revenue Forecast as Rig Activity Reaches One-Year High

Abraj Energy raised its revenue forecast after stronger drilling activity boosted business performance during the second quarter of 2026. The company also reported higher...

Kuwait and Oman Reaffirm Commitment to Expanding Energy and Oil Sector Cooperation

Kuwait Oman relations continued to strengthen as senior officials reaffirmed their commitment to closer cooperation. Kuwait Oman discussions highlighted the importance of expanding collaboration...

Egyptian Consortium Shortlisted for Oman’s $6 Billion Energy Project Portfolio

Oman Energy projects continue attracting regional engineering companies as major infrastructure investments move ahead across the sultanate. Oman Energy developments gained fresh momentum after...

Oman Advances 4GW Solar Projects to Accelerate Clean Energy Goals Under Vision 2040

Oman Solar Projects continue gaining momentum as the country moves forward with plans to expand renewable energy capacity. Oman Solar Projects form an important...

Oman Oil Marketing Wins RO 29.4 million Government Deal to Supply Fuel and Build New Fuel Stations

Oman Oil Marketing has secured a major government contract valued at RO 29.4 million, strengthening its long-term position in the country's energy sector. The...

Oil Prices Surge as Renewed US-Iran Tensions Raise Concerns Over Global Energy Supplies and Strait of Hormuz Shipping

Oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran increased concerns about global energy supplies. The latest developments...

OPEC+ Approves August Oil Production Increase of 188,000 Barrels Per Day to Support Market Stability

OPEC+ Output will increase in August after seven major producers agreed to raise crude production while continuing efforts to support market stability. The latest...

New Iran Attack Raises Concerns Over Strait of Hormuz Shipping Recovery and Global Trade Routes

Hormuz shipping crisis concerns have increased after a new attack disrupted efforts to restore maritime movement through the strategic waterway. The incident created fresh...

Oman Accelerates Duqm Development Through Massive Investments in Energy Storage Petrochemicals and Green Hydrogen Projects

Oman is accelerating efforts to transform Duqm into a leading global energy and industrial hub through massive investments in oil storage, petrochemicals, and green...
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