Oman's Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66 and Block 36. Interested investors ...

With production of less than 1 million b/d of oil, the Sultanate of Oman has less oil and gas reserves compared to its GCC neighbors, except Bahrain. Since the sharp drop in oil prices in the second ...

MUSCAT: The official price of Oman oil on Tuesday, February 11, for April delivery reached $79.18 per barrel. The price of Oman oil on Tuesday witnessed an increase of $1.17 compared to Monday's price ...

Block 54 (the “Karawan Concession”) is located onshore Oman on the eastern side of South Oman Salt Basin and immediately adjacent to existing production. The block covers an area of 5,632km2 within ...