Latest Oman Oil & Gas News
- Russia's Stroytransgaz to build $400mln gas pipeline in UAE 24 Jul 2008 12:50 GMT
... a $400 million contract to build a gas pipeline in the United Arab Emirates. "Representatives ... plant in Fujairah on the Gulf of Oman. Stroytransgaz, which is partly owned by Russian ... Russian energy giant Gazprom, is involved in oil and gas construction projects in 15 countries. ...
- Occidental Petroleum Announces Record Net Income for Second Quarter and First Six Months of 2008 24 Jul 2008 12:39 GMT
... well as in Argentina, Colombia and Libya." Oil and gas segment earnings were $3.806 billion ... in gas processing and power generation. Occidental Petroleum Corporation is an international oil and gas ... East/North Africa Crude Oil and Liquids (MBBL) Oman 21 19 20 21 Dolphin 19 -- ...
- Dubai drives Gulf shares up 24 Jul 2008 07:57 GMT
... Air Arabia’s results because of record high oil prices this year. Abu Dhabi shares closed up ... interested in buying a 25% stake in Oman Telecommunications (Omantel). STC gave no further details ...
- Range Inks MOU with Taqah to Farm-In to Oman Block 57 24 Jul 2008 04:31 GMT
... Agreement entered into between Taqah and the Oman Ministry of Oil in 2006, and is located on the west flank ... geologist and director of Range Oil and Gas, believes that this area of Oman is ...
- Oil firms to gain from price drop 23 Jul 2008 20:37 GMT
... The sharp drop in crude oil prices, which fell by more than 13 ... companies — Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd ... The price of this basket, which comprises Oman-Dubai sour (high sulphur) grade crude oil and ...
- Range Metals Inc.: Range Oil and Gas Enters Oman Block 57 23 Jul 2008 19:52 GMT
... announced today that its wholly-owned subsidiary Range Oil and Gas Inc. ("Range" or the "Company") has entered ... farm in to exploration block 57 in Oman. Under the MOU, Range will pay 100% ...
- --> Range Metals Inc.: Range Oil and Gas Enters Oman Block 57 23 Jul 2008 19:51 GMT
... Range Metals Inc. CNQ: RMIC FRANKFURT: YGK Range Metals Inc.: Range Oil and Gas Enters Oman Block 57 VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - The Board of Range ...
- Engel & Voelkers expands into Oman for greater Middle East presence 23 Jul 2008 12:17 GMT
... In the Sultanate of Oman 5 licences for agency services in the ... destination for international tourists. Oman is an oil and gas rich country, and these two natural resources ...
- Food, housing drive Kuwait inflation above 11pc 23 Jul 2008 08:56 GMT
... spur price rises in the Gulf Arab oil producer. April inflation advanced from 10.2 percent in ... as a more than six-fold rise in oil prices since 2002 drives economic growth in the ... plague states across the region. Inflation in Oman hit a record 13.2 percent in May, ...
- Oman oil output up 23 Jul 2008 08:31 GMT
... Oman's oil output rose about 3.6 percent to an ... May, 54.3 percent more than in 2007. Petroleum Development Oman produces 90 percent of the ...
- Food, housing drive record Kuwait inflation 23 Jul 2008 07:13 GMT
... spur price rises in the Gulf Arab oil producer. April inflation advanced from 10.2% in March, ... as a more than six-fold rise in oil prices since 2002 drives economic growth in the ... plague states across the region. Inflation in Oman hit a record 13.2% in May, while ...
- Booming oil means record 2Q sales for Halliburton 23 Jul 2008 06:30 GMT
... split with former subsidiary KBR, but the oil field services provider posted record revenue and said ... business in Norway, Saudi Arabia, Angola and Oman. North American sales rose 7 percent from ... active world market for oil and natural gas, as producers scramble to take advantage of ...
- Falling oil output in Indonesia has undermined Asian pricing 22 Jul 2008 23:30 GMT
... to withdraw from the Organization of the Petroleum Exporting Countries this year, with crude output ... as well as the swaps market. India's Oil and Natural Gas, which has equity in ... initiated the first Middle East sour crude Oman contract last year. It has the potential ...
- BRICs become a tower of strength 22 Jul 2008 15:31 GMT
... the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Egypt, Jordan and Morocco. Emerging markets is ... around the world, the spike in the oil price and the resurgence in inflation. Most of ... going to accelerate: if you think that oil prices and fertiliser prices are going up, that ...
- --> Performance Review to 30 June 2008 22 Jul 2008 14:54 GMT
... Ross, a mining exploration company with licenses over lead/zinc deposits in Greenland, and Indago Petroleum a non operating partner in three oil exploration concessions in the Oman. The two unquoted companies are an oil exploration company with assets in West Kamchatka ...
- Kuwait to set up $132bn 'Silk City' 22 Jul 2008 14:31 GMT
... Fuelled by soaring oil prices, Kuwait has ambitious plans to invest ... top oil exporters, is sitting on massive petroleum profits, the funding is already in place. ... GCC - which groups Kuwait, Saudia Arabia, Oman, the United Arab Emirates, Bahrain and Qatar ...
- Global :MENA Shipping Industry Displays Resilient Growth Backed by Oil Exports 22 Jul 2008 14:18 GMT
... Shipping Industry Displays Resilient Growth Backed by Oil Exports Global Investment House - Kuwait - ... tons and South-East Asia with 126.3mn tons. Petroleum product shipmentsAccording to UNCTAD, world shipments of ... group that started in Muscat, Sultanate of Oman in 2001 as Gulf Navigation & Brokerage ...
- Global: MENA shipping industry displays resilient growth backed by oil exports 22 Jul 2008 14:17 GMT
... expected to drive the demand for crude oil upwards despite deceleration in the western economies’ ... tons and South-East Asia with 126.3mn tons. Petroleum product shipments According to UNCTAD, world shipments ... group that started in Muscat, Sultanate of Oman in 2001 as Gulf Navigation & Brokerage ...
- Cook leads in Shell's two-horse race 22 Jul 2008 14:16 GMT
... chief executive, it will become the first oil major to have a woman chief executive and the biggest company in ... in Kansas City in 1958, she studied petroleum engineering at the University of Kansas, and ...
- Food, housing drive Kuwait inflation above 11 pct 22 Jul 2008 13:16 GMT
... to spur price rises in the Gulf oil producer. April inflation advanced from 10.2 percent in ... on a more than six-fold rise in oil prices since 2002. A global food crisis and ... stoking prices across the Gulf. Inflation in Oman hit a record 13.2 percent in May, ...
- OMAN SULTANATE'S ECONOMIC REVIEW; Q1 2008 22 Jul 2008 12:30 GMT
... (AsiaPulse via COMTEX) -- The Ministry of Oman's National Economy, Directorate General of Economic Statistics ... The majority of this came from the petroleum sector, which itself posted record growth of ...
- Pure Gold Jeweller's reports more than 55% growth for H1 of 2008 22 Jul 2008 10:15 GMT
... This is mainly due to inflationary pressure, oil prices and the global political climate. In March, ... includes the company's markets in Kuwait and Oman. Pure Gold Jeweller's plans to expand into ...
- Wish to be Poor and Unemployed? Support Military Attacks on Iran 22 Jul 2008 10:15 GMT
... security of Israel and the price of oil. The consequences of military attacks on Iran will, however, ... the world. Iran could easily attack the oil fields in Saudi Arabia, Kuwait, United Arab Emirate, and Oman in the Persian Gulf area. All are ...
- Baker Hughes Announces Second Quarter Results 22 Jul 2008 08:30 GMT
... compared to a year ago has been oil-directed drilling, we expect that our customers will ... awarded a major artificial lift project in Oman. Profit before tax in the second quarter ... gas market conditions -- the level of petroleum industry exploration and production expenditures; drilling rig ...
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