The Sultanate is currently implementing strategic projects worth more than $25 billion in the oil and gas sector to sustain economic diversification, according to HE Salim...
(Bloomberg) — Saudi Arabia said Tuesday that unidentified drones attacked two pumping stations belonging to Saudi Aramco, forcing the state oil company to suspend some operations...
Renewables is slated to become the largest source of global power generation by 2040 and natural gas is set to replace coal as the second largest...
Samsung Gulf Electronics is poised to make a dramatic impact in the Oman air conditioner (AC) market with the launch of the AR4000K Triple Inverter AC...
(Bloomberg) — Abu Dhabi National Oil Co. is seeking to raise billions of dollars from its natural-gas pipelines, months after the state-owned explorer got a $4...
(Bloomberg) — A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger...
Demonstrating its financial robustness, Oman LNG has announced that it has successfully repaid its $2bn loan facility obligation ahead of schedule, signalling a positive credit mark...
Eni SpA has signed an exploration and production agreement with the emirate of Ras Al Khaimah, a further push by the Italian company into the Middle...
(Bloomberg) — Saudi Aramco, the world’s biggest oil producer, will buy a majority stake in local chemical giant Sabic from the kingdom’s sovereign wealth fund for $69.1...
Initiatives are in place to establish Oman as a centre for energy technologies and innovation in the region. SparkLabs Energy’s inaugural Demo Day recently showcased the...
