Oman advances on multiple fronts
Both offshore oil and onshore gas projects are progressing with the backing of several international firms
Amid the gloom engulfing world oil markets over the past month the Omani government has received very positive domestic industry news. After decades of fruitless exploration, and years of delay in developing its debut discovery, production has finally began from waters off the mainland and a major joined the search for more. Onshore, Total has deepened its commitment to the sultanate's drive to boost scarce gas supplies from unconventional reserves in the country’s north-west region. Masirah Oil, majority-owned by Singapore-based exploration-technology specialist Rex International, struck offshore oil in 2014. It made the discovery in Block 50, a 16,500km² licence off the central-east coas
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
