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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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 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...

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...

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...

Oman Expands Oil and Gas Exploration for Energy Security

Oman has opened new oil and gas blocks for investment. Dr. Salah bin Hafiz Al-Dhahab, Director General of Investment, announced the decision. The goal...