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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National Gas Plans LNG Investment to Cut Emissions in Oman

Oman’s National Gas Company is evaluating a major low-carbon expansion plan. Oman LNG investment plans now shape a strategic shift toward cleaner fuel solutions. The...

Greece-Owned Oil Tanker Freed After Two-Year Captivity Near Oman

The Greece-owned oil tanker St Nikolas was reportedly released near Oman’s coast after two years in Iranian custody, raising attention amid rising US-Iran tensions....

Azerbaijan-Oman Advanced Energy Cooperation

Azerbaijan and Oman are expanding Their Energy Cooperation to strengthen ties in the oil, gas, and renewable energy sectors. Moreover, officials highlighted strategic collaboration...

Mideast Contracts Lift Wood Regional Growth

Mideast contracts powered a strong year for Wood after the company secured more than one billion dollars in awards. The Aberdeen-based engineering and consulting...

Oman Oil Growth Strengthens Market Momentum

Oman oil exports continued to rise by late October 2025, marking a steady improvement that signals stronger momentum across the energy sector. This development...

Oman–UAE Power Link Strengthens GCC Energy Integration

GCC energy integration continues to advance as the Gulf Cooperation Council Interconnection Authority (GCCIA) drives major projects across the region. Officials say GCC energy...

Oman–China Tourism Gains Strong Momentum with New Flights and Travel Measures

Oman-China tourism gains strong momentum as new flights and travel measures deepen bilateral mobility and accelerate regional travel growth. This shift matters because Oman-China...

Natural Gas Sector Expansion Continues Oman

Oman natural gas production continued to grow steadily by the end of September 2025, showing ongoing expansion in the country’s energy sector. Oman natural...

Oman Signs Pact to Supply Green Fuel to Ships

Oman green fuel takes a major step forward as the country signs a pact to supply ships with carbon-free energy. The agreement will establish...

ADNOC Drilling Acquires 80% of MB Petroleum to Expand Gulf Presence

The ADNOC Drilling will acquire an 80% stake in MB Petroleum Services, marking its second regional acquisition. This move accelerates the company’s expansion across...

Oman Steps Up LNG Push to Capture Global Energy Market

Oman’s liquefied natural gas growth drive is taking center stage as OQ Trading intensifies efforts to broaden its LNG portfolio. The state-owned energy company...

Oman Hydrogen Projects Enter Execution Phase

Oman is moving rapidly from planning to execution in its ambitious green hydrogen program. The nation’s strategy, led by Minister of Energy and Minerals...