Oman

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NIOC, KOGAS ink deal on Balal gas field

NIOC, KOGAS ink deal on Balal gas field

NIOC and Korea Gas Corporation (KOGAS) have signed an MoU over the development of one of Iran’s major gas fields in the Persian Gulf, Menr informs. Following …

The fate of oil is decided in Doha

The fate of oil is decided in Doha

Today, a meeting of OPEC member countries and countries that are not members of the organization will take place in Doha (Qatar). The freezing of oil production will be discussed there. It is expected that the oil producing countries may adjust …

S&P downgrades major oil producing countries

S&P downgrades major oil producing countries

The international rating agency Standard & Poor's has downgraded the ratings of the major oil-producing states. S&P now assumes an average Brent oil price of $40 per barrel in 2016 and $50  per barrel in 2018. Earlier, in the …

Oman ready to reduce oil production

Oman ready to reduce oil production

Oman is ready to cut oil output by 5-10% in order to stabilize the situation in the market and calls on other producers to do the same, Omani oil and gas minister, Mohammad bin Hamad al-Rumhy, said. The Minister pointed …

Iran increases oil production in Oman

Iran increases oil production in Oman

Iran plans to increase its oil production in Oman, drilling 15 new wells by October 2016. The deputy head of National Iranian Drilling Company (NIDC), Mohammad Reza Takaidi, said that his company has already completed 25 wells, …

Iran and Oman to agree on gas soon

Iran and Oman to agree on gas soon

The Head of the department at Minneft on sales of oil and gas Oman Ali Abdullah al-Riyami has said that cooperation in the gas sphere between Iran and Oman doesn’t represent anything new. It started a few years ago, and …

Iran and Oman agree on gas supplies

Iran and Oman agree on gas supplies

Iran and Oman have signed a $60 billion deal on gas exports to Oman. The two sides also signed an agreement on a joint study on the land section. The signing of the agreement was attended by CEO of the Iranian Gas Export Company ...

Oman interested in Iranian gas

Oman interested in Iranian gas

Oman is interested in the export of gas from Iran. A delegation from Oman visited Tehran to discuss this issue, CEO of Iran's National Gas Export Co. Alireza Kamali said. According to Kamali, Iranian consulting company was …