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Country summary: Oman

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Oman - recent news

17 Sep 23
Oman: Maha Energy granted an extension of the Initial Phase of the EPSA for Block 70 onshore Oman
Maha Energy has been granted by the Ministry of Energy and Minerals of the Sultanate of Oman ('MEM') an extension of the Initial Phase of the Exploration and Production Sharing Agreement ('EPSA') for Block 70 -- located onshore Oman.
02 Aug 23
Oman: Maha Energy announces results of Block 70 production test and requests extension of the Initial Phase
Maha Energy has announced the results of the initial short-term production test on Block 70 in the Sultanate of Oman. All eight production wells drilled in the 2022/2023 drilling program were tested for short term and five produced oil to surface at an initial estimated average rate of 300 barrels of oil per day per well, while three had to be suspended after producing water and gas but before producing any oil.
22 Jun 23
Oman: ENGIE and POSCO led consortium to develop a green ammonia project of up to a 1.2mtpa in Oman
As part of the 'Hydrom Phase A Round 1' call for projects, the consortium led by ENGIE and POSCO was awarded land block (Z1-02) by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry. Continuing their alliance, ENGIE and POSCO have announced their role as spearheads in a consortium designed to mobilize Oman's renewable energy resources through the development of a green ammonia project.
22 May 23
Oman: Maha Energy provides update on the production test on Block 70, onshore Oman
Maha Energy has announced the initial and preliminary results from the production test on Block 70 in the Sultanate of Oman. The tests were performed on the 'Alpha pad' on wells Mafraq-7, 8, 9 and 10. The oil produced during the testing phase is heavy oil of 11-13 degrees API, with viscosity higher than pre-testing estimates.
16 May 23
Oman: Tethys Oil announces production update April 2023
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in April 2023 amounted to 276,740 barrels of oil, corresponding to 9,225 barrels of oil per day.

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