Under the Agreement. ENI and BP hold 50% each with Eni acting as operator during the exploration phase.
Read More »Saudi Arabia in Talks with the UAE. Oman for Natural Gas Pipeline
This network is a part of greater connectivity between regional economies.
Read More »Iran Showcases Nano Achievements at Muslim World Technology Fair
Iranian-made products in the fields of nanotechnology and nano-medicine are exposed at the 4th edition of Science and Technology Exchange Program (STEP) of the Islamic World in the Omani capital city of Muscat.
Read More »Oman Oil Minister Expects Retaliation for Qatar`s OPEC Withdrawal
Qatar announced on Monday that it plans to withdraw from the oil producing group.
Read More »Iran in Talks with Oman on Gas Exports
Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.
Read More »Oman will Host Middle East Gas Summit
The two day summit will be attended by many senior level executives and gas experts from the global gas industry.
Read More »Petronas Buys 10 Percent Stake in Oman`s Al Khazzan Field
OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Iran will Build Crude Oil Storage Facility at Gulf of Oman Port
Omid Investment Management Group Co. also signed the deal. under which construction should be completed within three years.
Read More »Oil Producers Cut July Output by 9 Percent more than Agreed
The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.
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