Oman’s drilling firm Abraj Energy Services has announced its intention to proceed with an IPO and listing on the Muscat Stock Exchange, which is expected to take place in March 2023, subject to receiving the required regulatory approvals from the Capital Market Authority of the Sultanate of Oman. The company’s planned listing will allow investors […]
Oman
Posted inNews, Downstream
OQ inaugurates $463 million ammonia plant in Salalah
The plant has a production capacity of 1,000 metric tonnes per day of liquid ammonia
Posted inUpstream, People
Abraj Energy CEO on Oman’s diverse drilling landscape
In an exclusive interview with Oil & Gas Middle East, Saif Al Hamhami, CEO of Oman-based Abraj Energy Services — a fully-owned subsidiary of OQ — talks about Oman’s drilling sector, the company’s new brand identity and its planned IPO next year. Oil & Gas Middle East: With an increasing focus on higher oil and […]
Posted inNews
Upcoming large projects to strengthen Saudi-Oman trade ties
Abdulsalam Al Murshidi, executive president of the largest sovereign wealth fund of the Sultanate of Oman, has confirmed that large projects linking Oman and Saudi Arabia will be announced in the future. He also affirmed that economic ties between Oman and Saudi Arabia have taken great strides towards integration and strengthening the partnership between the […]
Posted inNews
Oman signs long-term LNG supply agreements with Japan
The contracts will run over five and 10 years, beginning in 2025
Posted inNews
Oman awards $500 million LNG contract
Asyad Shipping, part of Oman’s state-owned Asyad Group, has signed an agreement with South Korean shipyard Hyundai Samho Heavy Industries for the construction of a pair of state-of-the-art LNG carriers. State-owned Asyad Group noted in a post that the agreement signing, covering the supply of two new fifth generation LNG carriers, represents “another landmark in […]
Posted inNews
Oman to spend $5 billion on projects in 2023
Oman, the Middle East’s biggest oil producer outside OPEC, will spend $4.95 billion on investment projects in 2023, Oman Investment Authority (OIA), the nation’s sovereign wealth fund has announced. The investments will include about 65 new and existing projects in sectors including logistics, food and fisheries, energy, mining, services, and communications and IT, Reuters reported […]
Posted inNews
L&T, Petrofac in advanced stages of construction for $200 million project
According to data from DMS Projects, the engineering work for the project has been fully completed
Posted inExploration & Production
PTTEP CEO discusses striking the balance
PTTEP CEO Montri Rawanchaikul discusses the gaps between securing energy supply and reaching net zero goals, and explains how gas could be the key to mastering this balancing act
Posted inPeople
Petrofac’s EPC head talks about future of energy in the Middle East
In an exclusive interview with the Oil & Gas Middle East, Elie Lahoud, COO of Petrofac’s Engineering & Construction division, discusses the oil and gas market’s contract activity, Petrofac’s key projects in the Middle East, and the region’s energy transition
Load more