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
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand