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Development News in Oman

Shell and MOG Sign Funding Agreement for 2019 Gas Development
2/20/2019 - Shell CEO Ben van Beurden and Dr Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas (MOG), have signed an Interim Upstream agreement that details funding and a work programme for 2019 for the developm...
Oman Seeks Intl Investment to Develop Ultra-heavy Oilfield
12/17/2018 - Omanís Ministry of Oil & Gas says it will open up its ultra-heavy oilfield at Habhab in south Oman to investment and development by international players with the technological and financial wherewith...
Talks Ongoing on Greater Barik Integrated Gas Deal
8/14/2018 - Negotiations centring on the development and monetisation of potentially prolific gas resources discovered in the Greater Barik area onshore Block 6 are ongoing, according to a high-level official of ...
BP to Develop Second Phase of Omanís Giant Khazzan Gas Field
4/9/2018 - BP has announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman.
BP Starts Production at Omanís Giant Khazzan Gas Field
11/9/2017 - The first phase of development of Omanís giant Khazzan gas field was officially inaugurated on Thursday 9 November 2017 by His Highness Sayyid Haitham bin Tarik AlíSaid, Minister of Heritage & Culture...
PDO Achieves Significant Progress in Developing Bahja-Rima Oilfield
7/17/2017 - National oil company Petroleum Development Oman (PDO) has made significant progress in developing the Bahja-Rima cluster field, which has more than seven billion barrels of oil in place. ...
BP Khazzan project On Track for First Gas with the Completion of 50 Wells
5/23/2017 - BP has reached a significant milestone in the development of the Khazzan gas project with the successful drilling and completion of the fiftieth well at the large gas field in Block 61. This is the fi...
Oman Signs EPSA Deal for Block 48
1/31/2017 - Omanís Ministry of Oil and Gas signed an exploration and production sharing agreement with Oman Oil Company Exploration and Production for developing block 48, located between Al Wusta and Al Dhahira ...
BPís Khazzan Gas Project in Oman Nears Completion of Phase One
10/24/2016 - BP Oman announced that phase one of its massive Khazzan natural gas project is 80 percent complete and on track to deliver first gas near the end of 2017. ...
Seven Seas Petroleum New Facility in Barka Aims at Boosting ICV
9/3/2016 - Seven Seas Petroleum LLC, major Omani oil and gas supporting company which has diversified interests in petrochemicals, power, water and waste water, cement, and EPC contractors serving these industry...
BP Oman Kicks off Appraisal of Amin Reservoir in Block 61
3/20/2016 - BP Oman has commenced appraisal work targeting the Amin reservoir in the northern area of its Block 61 licence in central Oman, a move that together with its Khazzan tight gas development (Phase 1) an...
Petroleum Development Oman Signs $600m Deal With Medco
4/28/2015 - Medco Oman LLC, a subsidiary of PT Medco Energi Internasional Tbk has inked an Amendment of the Karim Small Fields Agreement (KSF Amendment) on 28 April 2015. The signing of the agreement by Raoul M. ...
BP Awarded EPCM Contract to Jacobs
BP Awarded EPCM Contract to Jacobs 3/4/2014 - Jacobs Engineering Group Inc. was awarded a contract by BP for process and infrastructure work on the greenfield Khazzan project in the Sultanate of Oman. ...
Oman Govt to Award Six Oil Blocks Soon
6/3/2013 - Oman government is in advanced stages of negotiations with international oil giants for awarding six onshore oil and gas blocks for development on production sharing basis, even as evaluation is going...
Field Development Plan for Blocks 3 & 4
12/12/2012 - Tethys is pleased to report that the Ministry of Oil and Gas of the Sultanate of Oman has approved the Field Development Plan for Blocks 3 and 4, and consequently the declaration of commerciality wher...
BP Plans to Invest $24b for Developing Oman's Gas Fields
BP Plans to Invest $24b for Developing Oman's Gas Fields 9/2/2012 - British oil giant BP is expected to invest a whooping $24 billion for the first phase full-field development of its block 61 tight gas fields in north-central Oman. ...

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