Oman

ADNOC Drilling is acquiring a 70% stake in the drilling business of oilfield services company SLB (formerly Schlumberger) in Oman and Kuwait for approximately $112 million. A joint venture will be established based on these assets. The deal, expected to close in the first quarter of 2026, will give ADNOC …

The Sultanate of Oman is seeking to sell a stake worth 8 billion United States dollars in its natural gas assets. The state-owned company Energy Development Oman (EDO) is currently looking for partners interested in acquiring a minority interest in gas fields that are part of Block 6. Block 6 …

Auctions for new units in Oman, which started in 2023, will now be held annually. Oman plans to auction several oil and gas blocks on the Arabian Sea shelf by the end of the year, said the head of the country’s Ministry of Energy, Salim al-Awfi. According to him, tenders …

The method for this type of UVS has been adapted and experimentally tested at the Kazan Federal University. For the first time, the efficiency of oil shale development in the low-permeability reservoirs of the Natih B field in Oman has been proven. For this, the method of in-situ combustion was …

Oman would like to see Russian companies in its energy market, Vladimir Dergachev, executive director of the Russian-Omani Business Council at the Chamber of Commerce and Industry, said in an interview with RIA Novosti. “During the last meeting in the spring of this year at the Ministry of Energy and …

Iran and Oman have signed an agreement on joint exploration of the Hengam joint oil field in the Strait of Hormuz in the Persian Gulf. The agreement was signed in the presence of President Ebrahim Raisi and Sultan Haytham bin Tariq Al Said of Oman in Tehran on Sunday, the …