Oil & Gas Companies News in Oman

PDO Services Company Officially Launched
5/18/2021 - Petroleum Development Oman’s (PDO) has announced the official launch of PDO Services (PDO-S) Limited Liability Company (LLC), a PDO subsidiary, to enable the commercialisation of the Company’s experti...
More Than a Name Change: Oxea is now OQ Chemicals
5/19/2020 - The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a token of its final integration into the newly formed energy company OQ. Complementing the name change ...
Amec Foster Wheeler Opens New Office in Oman
2/7/2017 - Amec Foster Wheeler announces the opening of a new office in the Sultanate of Oman. Establishing a permanent presence there will support the transfer of the company's global experience and capabilitie...
Oman Oil Co (OOC) to Restructure to Support Expansion
2/15/2016 - State-owned Oman Oil Co (OOC), the national petroleum investment company, will restructure itself to support expansion and improve efficiency, chief executive Isam al-Zadjali said. ...
Duqm Petroleum Terminal to Invest in Liquid Jetty, Tank Storage
5/15/2014 - Oman Oil Company (OOC) has signed a Shareholders’ Agreement with Port of Duqm Company (PDC) to establish the Duqm Petroleum Terminal Company (DPTC) to further strengthen Duqm’s status as the upcoming ...
Air Products and Takamul Signed a New Joint Venture in Oman
12/11/2013 - Air Products, the leading global hydrogen provider, and Takamul Investment Company, a subsidiary of the Oman Oil Company, have signed a joint venture agreement to establish an integrated industrial ga...
Alliance between Tulip and OMZEST
4/2/2013 - It is with great pleasure that Tulip Oil is able to announce to have entered into a strategic 50/50 alliance with OMZEST in the Sultanate of Oman, with Tulip as operator. The alliance aims to proceed ...
OGC Wins Award for Omanisation
12/17/2012 - Oman Gas Company SAOC (OGC) has gained the first prize at the level of oil and gas industry for achieving the highest percentage of Omanisation. The Omanisation at the company reached 95 per cent, whi...
Integration of Oman Gas Companies Studied
11/8/2012 - Nassir bin Khamis al Jashmi, Under-Secretary of the Ministry of Oil and Gas and Chairman of Oman Oil Company revealed that a study is being conducted to measure the possibility of establishing integra...
Oman Oil Firm Says Returning to Normal after Strike
6/3/2012 - Operations at Petroleum Development Oman (PDO), the country's main oil producer, are returning to normal after a strike by some contractors last week, a spokeswoman for the company said. Government of...
Oman Oil Company Signs MoU with Ceylon Petroleum
3/24/2012 - Oman Oil Company SAOC (OOC) and Ceylon Petroleum Corporation (CPC) signed a memorandum of understanding (MoU) in energy related activities. The agreement was signed on Thursday 22 March in Colombo, Sr...
Oman Oil Workers Strike for Wage Increases
3/15/2011 - Several hundred workers at Oman's state oil firm Petroleum Development Oman (PDO) held protests on Tuesday at company headquarters and two oil and gas fields, demanding higher wages. ...
Tethys Oil: Assignment to Mitsui Approved by Gov
7/15/2010 - The assignment whereby Tethys Oil through its wholly owned subsidiary Tethys Oil Blocks 3 and 4 Ltd ("Tethys") assigns to Mitsui E&P Middle East B.V., a subsidiary of Mitsui & Co. Ltd., ("Mitsui"), 20...
Oman Oil Buys Exploration Stakes in Reliance
10/14/2009 - Oman Oil Company (OOC) on Wednesday bought stakes in two of the oil concessions blocks run by Reliance Industries in the Gulf of Oman, the firms announced on Wednesday. ...
Oman Holdings Spain Acquires 5% of Enagas
6/1/2009 - Enagas has been informed that Oman Oil Holdings Spain, S.L.U. has acquired Gas Natural SDG’s 5% shareholding Enagas, which it was forced to sell pursuant to a ruling by the Spanish anti-trust regulato...
Sale of Exploration Assets in Oman
4/14/2009 - Indago Petroleum Limited announces that RAK Petroleum Oman Limited, a wholly owned subsidiary of RAK Petroleum PCL ("RAK Petroleum"), has acquired Indago's wholly owned subsidiaries holding approximat...
Heritage Announces the Sale of its Oman Holdings for US$28 Million
4/8/2009 - Heritage Oil Limited, an independent upstream exploration and production company, announces that it has completed the sale of Eagle Energy (Oman) Limited ("Eagle Energy"), a wholly-owned subsidiary of...
Oman Eyes Oil Output Boost for 2nd Year in 2009
2/9/2009 - Gulf Arab producer Oman aims to boost total oil output for the second consecutive year in 2009 after halting a six-year production decline from ageing field last year, a top official said. ...
Mubadala Development Company Sign EPSA to Develop Gas Fields in Oman
11/24/2008 - Occidental Petroleum Corporation (OXY) and Mubadala Development Company of Abu Dhabi (Mubadala) announced the signing of an Exploration and Production Sharing Agreement (EPSA) with the Ministry of Oil...
PDO Inaugurates Mussallim Field Facilities
11/10/2008 - Petroleum Development Oman (PDO) announces the formal opening of new production facilities at the Mussallim oil field in central Oman. The new units were inaugurating Managing Director John Malcolm an...

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