oil and gas | Omanet

OQEP has signed an agreement to acquire a 35% stake in Block 27 from Mitsui E&P Middle East for $28.8M,

The Ministry of Energy and Minerals has launched a bidding round for five oil and gas concession areas, aiming to

As Oman advances its Vision 2040, the Factory Acceptance Test (FAT) in the oil and gas sector gains strategic importance.

Oman-based Bukaka International LLC has achieved a significant milestone by completing its first Factory Acceptance Test (FAT) at its new

Abraj Energy Services, Oman’s leading oil and gas services provider, will sponsor Kuwait Oil & Gas Show 2026. Showcasing operational

UK-based Kistos Energy enters Oman’s energy sector by acquiring stakes in hydrocarbon concessions. They secured 5% in Block 9 and

UK-based Genel Energy has commenced appraisal work on Block 54 in Oman’s Al Wusta Governorate. Holding a 40% interest, Genel

OQ Exploration and Production New Ventures LLC (OQEP) signed an MoU with Petronas Carigali International Ventures (PCIV) to explore upstream

Oman's State Financial and Administrative Audit Authority found wide inconsistencies in how oil and gas companies apply the In-Country Value

Energy Development Oman SAOC (EDO) reported $7.44 billion revenues for H1 2025, down from $8.28 billion in 2024, due to

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