Oman Petroleum & Energy Show (OPES) is Oman’s leading international oil, gas and energy event, scheduled to be held from 12 to 14 May 2025 at the Oman Convention & Exhibition Centre, Muscat, Oman. The event is organised under the patronage of the Ministry of Energy & Minerals Oman and hosted by Petroleum Development Oman (PDO). OPES offers an invaluable platform for fostering business…
The 5th Edition of the Middle East Instrumentation, Cybersecurity and Automation Expo (MEICA Expo 2024) is set to take place from September 24th to 26th, 2024, at the Oman Convention and Exhibition Centre in Muscat, Oman. As a hallmark event in the oil and gas industry, MEICA Expo 2024 will gather top experts, decision-makers and industry leaders from the Middle East and around the world on a premier…
In this Global Platform video, the OQ Leadership Team discusses Oman’s net-zero goals and outlines the country’s potential to boost power generation from renewable resources, including wind, solar and hydrogen. Core strategies are presented to emphasise how boosting clean energy usage aligns with the outcomes of Oman Vision 2040, the country’s long-term economic development framework.
After opening 2022 at around $78 per barrel, Brent crude oil prices rose sharply over the next few months to surpass $127 on March 8 – the highest price in 14 years, driven in part by Russia’s invasion of Ukraine – before moderating slightly to around $106 as of mid-March. Although investment in oil and gas has fallen by about 30% since the outbreak of the Covid-19 pandemic, there are signs…
With hydrocarbons-rich countries in the Gulf increasingly looking to reduce their carbon emissions, some in the region are turning to multi-coloured hydrogen as a more environmentally sustainable solution. Along with renewable sources like solar and wind, hydrogen is regarded as a potential low-carbon or zero-carbon fuel that is key to the transition away from fossil fuels. However, different types…
With the development of a global hydrogen-based economy presenting a significant avenue to advance economic transformation across the GCC, Oman, Saudi Arabia and the UAE have taken the lead in exploring such opportunities. While Saudi Arabia and the UAE are developing general hydrogen strategies, Oman is focusing specifically on green hydrogen generated from renewable or low-carbon energy sources. Opportunities Oman…
As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investment in carbon capture, utilisation and storage (CCUS); hydrogen; and cleaner sources of energy to make their activities less carbon-intensive and support the energy transition. Gulf NOCs’ low-cost production advantages and massive hydrocarbons resources mean…
Ever since Oman’s oil production exceeded 1m barrels per day (bpd) in 2016, the sultanate has strived to maintain a comparable daily output. Despite the drop in production resulting from the onset of the Covid-19 pandemic in March 2020, which crippled global crude demand, Oman’s production of crude and condensates – a light type of crude oil derived from gas production – rebounded from its…
With mineral mining a major focal point of the Omani government’s plans to diversify the country’s economy, the sector has seen revitalised interest in recent years, from both domestic and foreign investors. The sector’s newly adopted strategy to develop through comprehensive, large-scale concession agreements is opening up more territory and streamlining the business side. New geological surveys…
