Petroleum Development Oman (PDO) has drilled the 1,000th well at Marmul–Rahab–Thuleilat–Qaharir (RTQ) cluster located in South Oman. This is the second time that a PDO oil...
The German company PSI Software AG conducted its annual training session for Engineering students at the German University of Technology in Oman (GUtech). Following the signing...
(Bloomberg) –Saudi Aramco is still considering listing shares abroad, the kingdom’s Finance Minister Mohammed Al-Jadaan said. “It’s still on the cards, we made that very clear,”...
As part of its efforts to broaden its services and serve the Sultanate’s expanding fuel needs, Oman Oil Marketing Company has entered into a long-term fuel...
(Bloomberg) –A timely intervention from Qatar’s sovereign wealth fund saved Lekoil Ltd. from a significantly larger loss in a fake loan scam, said a person familiar...
(Bloomberg) –Saudi Basic Industries Corp. and Saudi Aramco expect to announce in the second quarter whether they’ll proceed with plans to build a facility to process...
(Bloomberg) –A month after the world’s largest initial public offering, Saudi Aramco’s investment banks aren’t exactly bullish, with most recommending investors avoid the stock as they...
(Bloomberg) —Saudi Arabia’s Energy Minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels, undeterred by...
(Bloomberg) –Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a...
(Bloomberg) –The world’s biggest initial public offering turned out even bigger than initially thought. The final amount raised by Saudi Aramco’s sale totaled $29.4 billion as...
