Oman Oil Company | Al Bawaba

Oman Oil Company latest

“The plan outlaid an aspirational target of OMR700 million for the value of GOEs transferred to private sector owners between 2017 and 2021." - ISFU annual report (Shutterstock)

July 8th, 2018 - 08:47 GMT

Privatization in Oman to Raise OMR700 Million by 2021

In order to enhance value creation for the economy, Oman is planning to expedite an effective privatization programme for government owned enterprises (GOEs), generating around OMR700 million by 2021.

"It is for the first time that an OPEC event is taking place in Oman and the proposed meeting is being supported by Oman Oil Company." - Ali al Riyami, ministry of oil and gas (AFP/ File)

January 16th, 2018 - 10:30 GMT

Oman to Host OPEC Meeting This Month, Its First Ever

Of these four blocks, one is an offshore block, while all others are onshore blocks. (Shutterstock)

October 31st, 2017 - 04:00 GMT

Oman to Award Four Oil Blocks in the Second Quarter of 2018

Field and well development plans are already underway and the first development well has been drilled. (File photo)

March 22nd, 2017 - 12:00 GMT

New project to increase Oman’s gas production by 40 percent: BP

Major projects of Oman Oil Company include the Duqm gas pipeline, a mega crude storage facility at Ras Al Markaz and several other projects in Duqm free zone. (Wikimedia Commons)

February 1st, 2017 - 01:00 GMT

Oman Oil announces billion-dollar investment in national projects

A successful IPO can improve Kunooz Oman’s access to capital and new mining opportunities in Oman and overseas. (Shutterstock)

September 4th, 2016 - 04:34 GMT

Mining player Kunooz Oman Holding plans IPO in 2017

Oman envisages Ras Markaz to be one of the largest oil storage hubs worldwide. (Shutterstock)

May 1st, 2016 - 07:00 GMT

Oman seeks $400M to develop oil storage terminal in Ras Markaz

Al Bawaba

June 2nd, 2015 - 07:54 GMT

No money, no problem: Oman invites bids for mega crude oil park

Oman, one of the Gulf’s least developed states, makes arguably the most interesting case study in how ports can help influence economic policy and even political directi

September 2nd, 2014 - 10:12 GMT

'Sensitive assets': how ports are advancing the GCC's strategic interests

IPIC delivered $26 billion in revenues in the first half of 2013 and an operating income of $1.42 billion, making it one of the largest, most profitable joint stock companies in the UAE.

February 25th, 2014 - 05:25 GMT

The hidden giant: Abu Dhabi's oil IPIC is emerging stronger than ever

The experts said that Oman’s projects market had proved to be a stable source of opportunities for local and international contractors, they stated.

October 29th, 2013 - 11:35 GMT

Oman has $20 billion worth of transport investments under its sleeve

Port of Salalah is the focus of today’s development, and officials have been mindful of the need to build up the logistics triangle which has taken a decade to come to fruition.

October 6th, 2013 - 02:35 GMT

Salala's massive infrastructure development drive

Non-OPEC member Oman is increasing its oil output

October 23rd, 2012 - 11:46 GMT

Sultanate pumps 915,000 barrels a day of crude oil