Category: Energy

Energy
Muscat-Sohar pipeline, Al Jefnain terminal start operation
Muscat-Sohar pipeline, Al Jefnain terminal start operation

Commercial operations at the $320 million-Muscat Sohar Product Pipeline (MSPP) project through its main fuel terminal in Al Jefnain have been started by Oman Oil Refineries and Petroleum Industries Company (Orpic). The $320 million investment is one of Orpic’s strategic growth projects, which will deliver more than 50 per cent of Oman’s fuel via the […]

ECONOMY
Orpic
Orpic’s Mina Al Fahal Refinery to undergo major turnaround

A major planned turnaround and maintenance activity is currently being undertaken at Oman Oil Refineries and Petroleum Industries Company’s (Orpic’s) Mina Al Fahal Refinery for 45 days, between October 3 and November 16, 2017. This shutdown, to ensure Orpic’s operations run safely and smoothly at all times, will be used to execute a number of […]

ECONOMY
Eng. Isam Al Zadjali, Chief Executive Officer of Oman Oil Company
OOCEP closes $1bn pre-export finance facility

Oman Oil Company Exploration & Production (OOCEP) has announced the successful signing of a $1bn loan facility to fund its continued growth and expansion. The new financing agreement is structured as a crude oil pre-export facility with a tenor of five years and contains an accordion option to allow additional funding of $500mn if required. […]

Energy
BP Oman
BP launches new season of social investment programme

Representatives from the partner organisations of BP Oman’s $5 million Social Investment Programme on Sunday attended the launch of the new season of the programme. Eng. Yousuf Al Ojaili, President of BP Oman, attended the event and gave the welcoming remarks to the partners at a ceremony, held in Knowledge Oasis Muscat (KOM). BP Oman […]

COMPANIES
PDO 1
PDO-backed drilling equipment factory opens in Nizwa

A new PDO-backed factory which will manufacture key well equipment for the oil and gas industry has been officially opened in Nizwa. The Omani company Gulf Energy established the Fishing & Remedial Experts Enterprise (FREE) facility which is set to create up to 70 jobs for nationals. PDO has signed a 10-year contract with FREE […]

COMPANIES
DSC_0267
Setting standards

A round-table discussion on the Distribution Code Review Panel (DCRP) organised by Nama Group and OER underlines the need for safeguarding the rights of electricity consumers in addition to reviewing Oman Electrical Standards (OES) to align with the current needs of the electricity sector   PARTICIPANTS Eng. Sultan Said Al Qatabi, Manager, DCRP   Eng. Hassan Al Abduwani, […]

ECONOMY
Oman Oil Korean Subsidiary
Oman Oil’s subsidiary completes phase IV of Korean power project

GS EPS Co, a joint independent power producer associate of Oman Oil Company (OOC), and GS Holdings has completed the construction of Phase IV, 900 megawatt (MW) combined cycle power plant powered by directly imported LNG. The ceremony was held with the presence of Mohamed Al Harthy, Ambassador of the Sultanate of Oman to the […]

ECONOMY
Duqm Refinery Amec Foster
Duqm Refinery inks a project management contract with Amec Foster Wheeler

Duqm Refinery signed an agreement with AMEC Foster Wheeler Engineering Consultancy LLC (AFW) for providing project management services during the construction phase of its 230,000 barrels per day-capacity refinery. AFW’s scope of work includes project management contractor services to be delivered as part of an Integrated Project Management Team (IPMT), according to a company release. […]

Energy
PDO_Oman LNG
PDO signs collaboration deal with Oman LNG

Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and commercial co-operation. The collaboration is a consolidation of efforts in relation to staff development and capacity building, where both companies will share knowledge and exchange expertise in various disciplines across the oil and gas […]

Energy
shell
Production of petroleum products in Oman grows by 12 per cent

A 12 per cent growth in production of refined products was registered in the first half of this year, over the same period of last year, according to the statistics issued by the National Centre for Statistics and Information (NCSI). The statistics, based on data from the Oman Oil Refineries and Petroleum Industries Company (Orpic), […]