With the steady increase in crude oil production and exports and the surge in oil prices in the mid- and late 1970s, Oman embarked upon an economic development path that transformed it into a ...

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 ...

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 ...

Oman’s total production of crude oil and condensate throughout January 2019 reached 30.07 million barrels, with a daily average of 970,268 barrels, according to the monthly report issued by the ...