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Crude petroleum activities declined by 3.3 percent, recording OMR2.55 billion
The new network has been developed by KEZAD Group's subsidiary, KEZAD Utilities & Facilities Management Company, in three phases
This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
Revival of projects in the energy sector key to the country’s development
Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year
Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023
To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries
The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day
Under the terms of the deal, Eni retains a 60 percent ownership stake and assumes the role of the operator
Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement
The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council
LNG supplies from Qatar to China reached around 17 million tons in 2023
This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month
Index reveals 2.1 percent annual increase in manufacturing activity
Investors await consumer price index data from U.S. and China later this week
This expansion initiative aims to enhance the plant's processing capacity from 2.5 to a potential 4 bscfd
Company plans to invest over $13 billion between 2024 and 2029 in growth opportunities
For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion
The LNG deliveries from Oman to Germany scheduled between 2026 and 2029
The report expressed confidence in Qatar's debt-to-GDP ratio
Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024
