Since its emergence in 2011, the concept of in-country value (ICV) has proven to be one of Oman’s most influential exports, taking hold in energy industries across the GCC. The strategy launched by the Ministry of Oil and Gas (MOG) in 2013 has led to a significant number of training opportunities and sizeable economic returns. With...
The exploration and production (E&P) of natural gas reserves is defining advancements in Oman’s upstream segment, with the sultanate pursuing a policy of inviting major global players to develop reserves of non-associated gas. Since the successful commissioning of the Khazzan tight gas project in 2017, which added 1bn standard cu feet per...
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
In a context of growing international gas supply and expected demand moderation in the developed markets of US and Europe, Oman is hoping its strategic partnership with China will provide it with a ready market for its growing supply. In May 2018 Xi Jinping, the president of China, and Sultan Qaboos bin Said Al Said formalised the Sino-Oman...
The energy sector in Oman has continued its familiar pattern of adapting and evolving within a context of uncertain economic conditions and a rapidly changing global energy landscape. Becoming a leader in the development of enhanced oil recovery (EOR) techniques has allowed it to maintain high production rates and ensure oil retains its...
Significant legislative developments in 2019 laid the groundwork for growth in Oman’s mining sector. The full extent of the country’s mineral...
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