Oman Review 2015

Oman is pursuing its biggest energy project with the downstream Duqm complex that is due for completion in 2020 and which will include a 230,000 bpd refinery, a petrochemicals plant and a 200 million barrel oil storage terminalOman’s state-controlled and Shell-led oil and gas producer PDO had an...






The proposed refinery would be the largest in Oman, a country that pumps close to 1 mbpd of crude but currently has only 222,000 bpd of total refining capacity. It would also be closer to Oman’s main onshore oil fieldsOman’s government has appointed a new board of directors for its flagship...






The 40-odd wells drilled so far by OOCEP target the Barik reservoir characterised by tight rock with low porosity and permeability. The reservoir rock must be hydraulically fracked to enhance the productivity of the wellsIn a landmark development for Oman’s pivotal hydrocarbon sector, Oman Oil...






Petroleum Development Oman (PDO) has a number of pioneering enhanced oil recovery (EOR) projects in different phases of planning and operation. PDO recently released its report ‘EOR – Breaking New Ground in Oil Recovery’, an exhaustive bilingual dossier encapsulating the brief history of EOR and the...






Much of Oman’s projected incremental output will be contributed by PDO, a joint venture between Oman’s government (60 per cent) and international partnersOman expects to maintain a production plateau of at least 950,000 bpd over the next decade after a short-lived output boost from new projects this...






The group’s total oil and gas revenues dropped nine per cent to $84.62 million in 2014 despite robust production in both Morocco and EgyptCircle Oil an Irish-incorporated Middle East and Africa-focussed oil and gas exploration company which operated onshore exploration Block 49 and offshore Block 52...






Key for Oman’s oil and gas sector is the prospect of Iranian investment in the planned Duqm refinery and the deepwater port and industrial cityMuscat remains quietly optimistic that its latest plan to import Iranian natural gas will bear fruit, but talks with Tehran remain at an early stage and the...






Replacing natural gas combustion with solar steam at enhanced oil recovery sites has the potential to save a lot of carbon emissions, even if these technologies don’t take us any closer to actually moving off fossil fuelsCost savings will become more crucial if Omani oil projects are to remain...






PDO hopes that the renewal of the partnership will help to increase KSF production from the current 17,500 barrels of oil per day to at least 20,000 bpdPetroleum Development Oman (PDO) has signed a $600 million contract with the Indonesian oil and gas company MedcoEnergi to continue developing the...






The gas transportation company plans to construct a world-class gas processing facility at Salalah Free Zone and plant storages at the Port of Salalah, says ABDULAZIZ BIN SAID AL MUJAIBI, acting chief executive officer, OGCOman Gas Company (OGC), Oman’s gas transportation company, continues on its...






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