Oman has set up a new state energy company which will own part of the Gulf nation's largest oil block and be able to raise debt, as the cash-strapped country seeks to offset the impact of lower oil ...

MUSCAT: Petroleum Development Oman (PDO), the Sultanate of Oman’s largest producer of oil and gas, is on track to exceed its 2024 output levels once again this year, reaffirming its longstanding role ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DUBAI, United Arab Emirates (AP) — An Omani ...

Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling ...

BP has started production at Oman's giant Ghazeer natural gas field, which is set to underpin the company's oil and gas output for years as it shifts to renewables.

Oman will store 10 million barrels of Iraqi oil in Ras Markaz; It will also market Iraqi oil in global markets through OQ ...

Low oil prices have put Oman’s government under pressure, while regional political turmoil could make life even more uncomfortable. A new economic model is called for, but can the leaders in Muscat ...

Oman’s Musandam Global Investment Company (MGIC) and Malaysian construction and engineering company WCT Holdings Berhad are to build a $185 million resort in the Omani coastal town of Khasab. The ...

24 November 2004 MADRID -- Oman Oil Company (OOC) has signed an agreement with Union Fenosa Gas and Union Fenosa to acquire 7.5 per cent of its shares in Saggas, which was incorporated to build ...

Tensions in the Middle Eastern shipping lanes continued to run high on Thursday amid reports of a hijacked oil tanker in the Gulf of Oman, which was boarded by masked individuals and forced to alter ...

Oman India Fertiliser Co. SAOC (OMIFCO), a fertilizer company, has begun preparations for an IPO in Muscat, Oman. This is reported by foreign media. The proposed share placement is in line with the ...