Posts Tagged ‘Oman Oil Company’

Oman Oil accelerates downstream with Takamul petrochemical projects

Takamul at FEED stage for Salalah Ammonia Project The Omani Takamul Investment Company (Takamul) is moving forward in the downstream sector with petrochemical projects at Salalah in the south of the Sultanate and at Sohar in the north. Acting as the chemical branch of the Oman Oil Company (OOC or […]

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BP and Oman Oil signed Khazzan and Makarem tight gas project

BP – OOC start Oman Block-61 development phase-1 BP and the Sultanate of Oman took one year to align on a $16 billion capital expenditure program to develop the first phase of the Khazzan and Makarem tight gas fields of the Block 61 in the center of Oman. With this […]

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Oman Gas Company in strategic shift to added value petrochemicals

OGC to invest $3.5 billion in LPG and NGL projects The national Oman Gas Company SAOC (OGC) is preparing a strategic shift from its historical midstream activities toward liquid petroleum gas (LPG) and natural gas liquids (NGL) extraction and transformation for petrochemical use. In 2000, OGC was established by Royal Decree […]

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Oman Oil Company (OOC) in brief

Investing for the future of Oman The Sultanate of Oman established the Oman Oil Company S.A.O.C. (OOC) in 1992 as the national oil company with the mission to build a prosperous future for Oman regardless country’s direct oil and gas revenues. This mission still guides the Sultanate’s Vision 2020 for […]

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OOC and IPIC approved financing for Oman Duqm Refinery

Technip/Shaw Energy and Chemicals to provide PMC The Oman State wholly-owned Oman Oil Company (OOC) and the Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) have approved the location and the financing for their joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) project. The joint venture Duqm Refinery and Petrochemical Industries Company […]

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The $6 billion Duqm refinery project in Oman moves ahead

A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this […]

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