Sohar is an existing industrial port
IOC stalwarts deliver Omani gas boost
Shell and TotalEnergies have agreed to execute a major integrated development and bought into the government’s gas-led strategy
Two of Oman’s oldest IOC partners, Shell and TotalEnergies, delivered a momentous boost to the sultanate’s gas ambitions at the end of last year by signing up to develop known reserves in the centre of the country. The latest agreement—the significance of which is both practical and symbolic—follows several recent fillips for Oman’s previously sluggish gas sector, representing grounds for optimism for the country’s economic resilience as its oil industry heads into terminal decline. Crucially, the majors also agreed to utilise production in new downstream businesses consistent with the sultanate’s efforts to decarbonise its bedrock energy sector. When European majors in particular are optimi
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
