Category: Oil&Gas

Interviews
Bob Dudley
‘Shale and reopening of Opec taps to cool oil market’

BP Chief Executive Bob Dudley expects a flood of US shale and the reopening of Opec taps to cool the oil market after crude rose above $80 a barrel this week. US President Donald Trump’s decision to exit an international nuclear deal with Iran and revive sanctions on the Opec member country, as well as […]

Oil&Gas
OTE Petrabangla
OTI signs pacts with Petrobangla to supply LNG

Oman Trading International Limited (OTI) has signed a 10-year agreement with Petrobangla, the government-owned oil company of Bangladesh, to supply liquefied natural gas (LNG) to Bangladesh. OTI will supply a base volume of one million metric tonnes a year after the completion of the first two LNG import terminals currently being constructed in Bangladesh. “This […]

Oil&Gas
refinery
Production of Petroleum products rises by 25.8%

The total production of refineries and petroleum industries rose 25.8 per cent at the end of February 2018 compared to the output recorded during the same period in 2017, according to statistics released by the National Centre for Statistics and Information (NCSI). The statistics showed that the production of regular grade petrol (Mogas 91) surged […]

ECONOMY
18032018_092653_3
instOG to open a new chapter in Oman’s energy sector  

Oman opens the most advanced oil and gas training institute in the region, equipped with the industry’s latest technology, including drilling simulators and virtual reality technology that replicates the real work environment on site. Muhammed Nafie reports The new oil& gas training institute inaugurated yesterday by HH Sayyid Shihab Bin Tariq Al-Said, adviser to His Majesty the […]

Editor's Pick
omanoil
Oman’s oil production touches 30mn barrels

Oman’s crude oil and condensate production touched 29.97 million barrels in December 2017, which is an average of 966,952 barrels per day. Export of Oman crude in December 2017 touched 24.60 million barrels, or a daily average of 793,483 barrels, according to the monthly report released by the Ministry of Oil and Gas. Nine different […]

Oil&Gas
BP Oman Khazzaan
Jacobs Engineering Group wins Khazzan gas field contract

Jacobs Engineering Group has been selected by BP to provide engineering, procurement and construction management (EPCM) services for the Phase 2 of the Khazzan Project in the Sultanate. Under the terms of the three-year contract, Jacobs will continue to deliver engineering, procurement and construction management services in support of the project, including the ongoing expansion […]

FROM THE PRINT EDITION
PDO
Building a sustainable economy

The year 2018 will require operators and contractors to continue to focus on becoming more efficient, more agile, more productive in all their key business activities, says PDO Managing Director, Raoul Restucci What is PDO’s outlook for 2018? Notwithstanding the recent oil price increases, Oman is projecting sustained fiscal and current account deficits and PDO […]

Oil&Gas
PDO ramps up social investment support
PDO ramps up social investment support

Petroleum Development Oman (PDO) has recently signed three Memorandums of Understanding (MoUs) with a number of government authorities in its endeavour to deliver meaningful improvements and creating sustainable benefits to the local communities. The agreements will pave the way for first aid training in schools across the Sultanate, support for the disabled to increase their […]

News
Oman Refineries and Petroleum Industries Company (Orpic)
Oman’s refinery output rises 15 per cent

Total production of Oman’s refineries and petroleum industries units rose 14.6 per cent at the end of November 2017 compared to the output recorded during the same period of last year, according to statistics released by the National Centre for Statistics and Information (NCSI). The statistics showed that the production of regular grade petrol (Mogas […]

FROM THE PRINT EDITION
BP 2
Brick by brick

Salim Al Kalbani, Operations Team Leader, Oman Khazzan Project, one of the first Omanis to join the project talks about the challenges and exhilaration of his journey with BP Oman. An OER interview Can you talk about the evolution of the Khazzan project from its design stage to operations?    I joined BP in 2009 and […]