gas
Agreement encompasses the offtake of 0.4 million metric tons per annum of LNG from Oman LNG for four years starting in 2026
Current public revenues reached OMR2.2 billion, down from OMR2.334 billion during the same period in 2023
Brent futures climbed by $1, or 1.36 percent, reaching $74.56 per barrel
The Omani government, along with many state-owned enterprises (SOEs), is continuing to deleverage its balance sheet
COP28 President calls for ambitious NDCs to keep 1.5°C goal within reach, drive socioeconomic growth
Dr. Al Jaber said the UAE Consensus provides a vital roadmap for action at the ‘Roadmap to Mission 1.5: NDC 3.0’ event
The non-oil sector is expected to grow by 4.6 percent year-on-year in 2024
Deal-making in the region remained active, with 214 transactions recorded in H1 2024
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
The company eyes more offshore concessions in Turkmeinistan
The well was drilled to a depth of 270 feet into the Paleozoic sands
