Category: Oil&Gas

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PDO announces new gas find

Petroleum Development Oman (PDO) has confirmed a “significant” gas find with estimated recoverable reserves of more than four trillion cubic feet (TcF) and 112 million barrels of condensate in the northern part of its concession area. The announcement came at the annual Ministry of Oil and Gas Media Briefing in which the Company also reported […]

Orpic’s Muscat-Sohar pipeline to open on March 21

Oman Oil Refineries and Petroleum Industries Company (Orpic) will officially inaugurate one of its strategic growth projects, the Muscat Suhar Product Pipeline (MSPP) and the main fuel terminal in Al Jefnain on March 21, 2018. The $336 million investment is an important logistic project across the Sultanate which will deliver more than 50 per cent […]

Duqm refinery
Duqm Refinery signs EPC contracts

Duqm Refinery, a joint venture equally owned by Oman Oil Company and Kuwait Petroleum International, recently signed contracts with its engineering, procurement and construction (EPC) contractors for building the 230,000 barrels per day (bpd)-refinery in Duqm. This was a follow-up from the intention to award EPC contracts announced by the project in mid-2017, according to […]

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PDO, GlassPoint inaugurate Miraah Solar Plant

Under the patronage of HE Salim bin Nasser Al Aufi, Undersecretary of the Ministry of Oil and Gas, Petroleum Development Oman (PDO) and GlassPoint Solar have inaugurated the Miraah solar plant. Miraah, located at the Amal oilfield in the south of the Sultanate, will be among the world’s largest solar projects when completed. Four blocks […]

BP Chart
Making a mark

BP has laid solid foundations at the first phase development of Khazzan gas field. Exporting Khazzan’s first volume of gas marks the end of a 10-year journey. Muhammed Nafie reports  When BP achieved first gas at its Khazzan field on September 22, 2017, safely, ahead of schedule and below budget, it was one of the […]

Glass point
Driving innovation

An intensive full-cycle incubation programme, called GlassPoint Innovation Spur will provide aspiring Omani entrepreneurs an integrated ecosystem of scientific, technical and business support Mentorship and effective incubation programmes play a key role in honing the skills of entrepreneurs and help them grow their ideas into sustainable businesses. Oman has a lot of institutions and relevant […]

Oman to sell LNG to BP Singapore

Oman LNG and BP Singapore have signed a major sales and purchase agreement (SPA) for supplying liquefied natural gas (LNG) to the latter. The agreement, a free-on-board (FOB) contract starting from January 2018, will span over a period of seven years for lifting 1.1 million tonnes per annum (mtpa), which is equivalent to approximately 18 […]

PDO opens three public Majlises in Shaleem

Petroleum Development Oman (PDO) has officially inaugurated three public majlises in Wadi Aarah, Zakher and Fatkhait at wilayat Shaleem in an event which was attended by PDO External Affairs and Value Creation Director Abdul Amir bin Abdul Hussain Al Ajmi in the presence of the Wali of Shaleem His Excellency Sheikh Mohamed Berham Ba Omer, […]

PDO training
PDO trains 471 Omani youths to get skilled jobs

Petroleum Development Oman (PDO) on Thursday marked the graduation of 471 young Omanis from company-sponsored training schemes to take up full-time employment. A celebration event was held at the Oman Convention and Exhibition Centre to honour their success under the auspices of His Highness Sayyid Taimur bin Assad bin Tariq al Said, assistant secretary general […]

Oman’s oil production touches 29m barrels

Oman’s crude oil production in November touched 28.88 million barrels, according to the official statistics released by the Ministry of Oil and Gas on Wednesday. The country’s average crude oil production stood at 962,783 barrels in November. Of the total production, the Sultanate exported 24.43 million barrels in November, a decline of 0.56 per cent. […]