OQ emissions rise, but with aims for change at Block 60
Oman’s OQ has set out a number of stratagems for the energy transition, but for 2021 emissions increased.
Oman
Shell, Total sign up to gas exploration on Omani block
Shell, OQ and TotalEnergies have signed a new contract with Oman on Block 11.
Petrofac signs up to support Omani hydrogen plans
Petrofac has signed a memorandum of understanding (MoU) with Oman Hydrogen Centre (OHC), with a particular focus on green hydrogen.
GlassPoint returns with decarbonisation vision
When GlassPoint succumbed to bankruptcy in 2020 the vision of solar-powered steam production seemed to have come to a close.
Worley wins major Omani green hydrogen study
Green Energy Oman (GEO) has commissioned a concept feasibility study from Worley for a 25 GW green hydrogen plan in Oman.
KCA Deutag secures nearly 200 jobs with $550 million Oman contract
Aberdeen-headquartered KCA Deutag has landed a contract worth $550 million (£408m) in Oman, securing nearly 200 jobs.
BP launches renewable energy, hydrogen push in Oman
BP has signed a strategic framework agreement (SFA) with Oman, with the plan of delivering a “multiple gigawatt world-class” renewable energy and hydrogen plan by 2030.
Shell, Total sign up to new gas plan with Oman
Oman has signed gas deals with Shell and TotalEnergies on Block 10, with plans for a new LNG plant in the offing.
Thailand’s PTTEP gets new boss, eyes energy transition
State-backed Thai player PTT Exploration & Production’s (PTTEP’s) new chief executive, Montri Rawanchaikul, intends to strengthen the firm’s core upstream business in Southeast Asia, while preparing for new energy opportunities.
Oil price could hit $200 without new investments says Omani minister
Oil prices could hit $200 per barrel if no new investments are made in the upstream oil and gas sector in the short-term, Oman's energy and minerals minister said yesterday in reply to the International Energy Agency's (IEAs) assessment for reaching net-zero emissions by 2050, reported S&P Global Platts.
US sanctions Omani businessman for Iranian oil smuggling
The US government has sanctioned an Omani businessman for his participation in oil smuggling for Iran, with the proceeds going to destabilise the region.
Ammonia: the missing link in the energy transition?
Plans for ammonia exports are taking shape around the world, as companies compete to secure the most attractive opportunities to fuel future zero carbon aspirations.
UK blames Iran for deadly attack on tanker
The UK has accused Iran of being behind an attack on a tanker offshore Oman on July 29 and is working with partners on a response.
Genoil signs up for Chinese-backed Omani refinery
A small US-listed company has signed an agreement to develop a $2.4 billion refinery in Oman’s Port of Duqm.
WATCH: Canadian rigs fly business class to Oman
A Canadian company has loaded two well service rigs onto an Antonov AN-124 to carry them to Oman.
Thailand’s PTTEP eyes more acquisitions
Thai upstream player PTT Exploration and Production (PTTEP) plans to keep acquiring new production assets in the Middle East and Southeast Asia to boost reserves and bolster sales.
Thailand’s PTTEP outperforms after “bargain” Oman acquisition
Thailand’s PTT Exploration & Production (PTTEP) reported net profit of $376 million for the first quarter 2021 on the back of higher oil prices and gains from the “bargain purchase” of Oman Block 61 from BP.
Shell North Sea boss Phimister takes job with Petroleum Development Oman
Shell North Sea boss Steve Phimister is moving to the Middle East as part of a new role with Petroleum Development Oman (PDO).
Worley takes Omani maintenance job
Worley has won a maintenance and integrity contract in Oman, working with Arabian Industries Projects (AIP).
Wood completes solar plant project in Oman
Work carried out by Aberdeen-based global consulting and engineering company Wood will help turn the hot desert sun of Oman into renewable energy for a ferrochrome production plant.
Thailand’s PTTEP to outperform
Analysts at Macquarie bank believe Thai upstream player PTT Exploration & Production (PTTEP) is set to outperform as it is bolstered by strong crude prices and the mitigation of risk that output will disappoint at Erawan.
Oxy makes Abu Dhabi find
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.
Petrofac clinches deals worth £220m in Oman
Energy service firm Petrofac has clinched two contracts worth a total of £220 million through Petroleum Development Oman (PDO).
Thailand’s PTTEP eyes more Middle East deals after $2.45bn BP pact
Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) said Monday that its $2.45 billion deal to buy a 20% stake in one of Oman’s strategic gas fields from UK major BP will pave the way for future investments in the Middle East.
BP to raise $2.6bn from sale of 20% stake in prolific Oman block
BP has agreed to sell a 20% working interest in Oman’s Block 61 to PTTEP, of Thailand, for $2.6 billion.