oil and gas | Omanet

The Ministry of Energy and Minerals signed a concession agreement for Block 80 with OQ Exploration and Production and Turkish

The Tax Authority clarified VAT calculation in the oil and gas sector. A 1.2% deduction for training and employment is

Oman is advancing initiatives to enhance oil and gas efficiency while promoting renewable energy and reducing carbon emissions. Aligned with

MUSCAT, MAY 18: Indonesian company PT Medco Energi celebrated 20 years in Oman’s oil sector on May 17, marking $1.4

OQ Exploration & Production (OQEP) reported a net profit of RO 71.9 million for Q1 2026, despite a 16% drop

PetroTel Energy, having invested over $700 million in Oman's oil and gas assets, aims to commercialize hydrocarbon discoveries in Block

Five upstream oil and gas blocks totaling around 48,000 sq km are open for investment in the 2026 Oman Licensing

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.

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