- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Oman’s daily oil production exceeded 1 MMbopd for first time
Oman succeeded reversing its oil output decline in 2008 by making new discoveries and using technology to improve recovery of oil from aging fields. Production increased from 710,000 b/d in 2007 to 960,000 b/d in 2014 and to about 1 million b/d in July 2015.
According to the Ministry of Oil and Gas, Oman’s daily crude oil output exceeded 1mn barrels per day (including about 0.1 million b/d of oil condensates), which is the highest oil production level in the Sultanate’s history.
Oman is the biggest oil producer in the Middle East outside OPEC. Its total production in 2014 stood at 344mn barrels, of which 312.1mn were crude oil and 31.8mn were oil condensates. The Omani oil exports goes to Asian countries mainly china (70%) and Japan (15%).
