Oman's gas drive goes up a gear
Success in the country's first major non-associated gas project, and continued pent-up demand, are propelling efforts to increase output
Oman has confirmed a provisional agreement with BP and Italy's Eni to explore and exploit reserves in an area in the country's north-west, close to the former's landmark tight-gas discovery. The development is a further endorsement of Oman's strategy of enlisting majors to develop onshore non-associated gas reserves. Total selected participants in a design competition for an LNG facility planned to process any gas from an upstream concession awarded to the French firm and Shell last year. Despite early entry to the global LNG export industry, Oman has suffered an increasing shortage of gas over the past decade, forcing it to resort to imports and putting a brake on the government's downstrea
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
