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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India and Oman Deepen Economic Cooperation Through New Trade and Logistics Partnership

India is strengthening its economic and energy security through a new trade agreement with Oman. The deal took effect on June 1 and offers...

Oil Export Nations Benefit from High Crude Prices Amid Global Economic Pressure

Oil dependence on oil revenues continues to influence global economic stability as crude prices remain elevated in 2026. Major oil-exporting countries benefit from stronger...

Oman Energy Growth Strengthens as PDO Signs Strategic Oil Recovery Agreement with Abraj 

Oman energy growth continues to strengthen as Petroleum Development Oman expands strategic cooperation with national companies. This latest agreement marks a major step in advanced oil...

Oman Energy Infrastructure Expands as OQGN Records Strong Financial Results and Capacity Growth

OQGN growth continues to strengthen Oman’s energy infrastructure and financial performance. OQGN growth reflects rising demand and strong operational expansion across the country. OQ Gas...

Oman Water Services Expands Network and Cuts Losses Through Major Infrastructure Upgrade

The Oman water upgrade is transforming national utility performance across the country. This Oman water upgrade strengthens infrastructure and improves efficiency. Officials continue to...

Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...

Oman Launches Major Energy Expansion Plan with Five New Oil and Gas Exploration Blocks to Attract Global Investment

Oman has launched a new initiative to expand its hydrocarbon sector and attract global investors. This Oman energy boost focuses on opening five new...

Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

A Gulf economy shock continues to spread across the Middle East as regional conflict intensifies. This Gulf economy shock affects trade, energy flows, and...

Oman Reports Steady Growth in Natural Gas Output and Rising Energy Demand Across Key Sectors in Early 2026

Oman gas output shows steady growth as the country reports higher natural gas production levels in early 2026. Officials confirm rising figures across both...

Oman and Iran Hold High-Level Talks to Secure Strait of Hormuz Amid Rising Regional Tensions

Oman and Iran launched high-level talks to secure the Strait of Hormuz as regional tensions intensify. This corridor remains critical for global oil flows,...

Oman Oil Prices Drop Sharply as Global Energy Markets Turn Volatile

Oman crude oil prices dropped sharply on Wednesday, sending a clear signal of ongoing turbulence in global energy markets. The official price for May...

Indian Navy Escorts Oil Tanker Amid Gulf Tensions

Rising tensions in the Middle East have pushed energy security into the spotlight as an Indian oil tanker sails home under naval protection. The...