Oman Oil Musandam IPP to replace diesel powergen The wholly state-owned Oman Oil Company (Oman Oil or OOC) and its partner LG International Corporation (LG) from South Korea made the final investment decision for their joint venture Musandam Power Company (MPC) independent power plant (IPP) to be built at Tibat-Wilayat […]
Read moreBP – 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 […]
Read moreOman Oil and IPIC to award Duqm Refinery FEED soon The national Oman Oil Company (Oman Oil or OOC) and the Abu Dhabi sovereign founds International Petroleum Investment Company (IPIC) are reaching the final evaluation stage of the commercial and technical bids submitted by international engineering companies to carry out […]
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$50 billion of business opportunities in 250 projects On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in pursuit in the oil and gas and petrochemical industry. These business opportunities are related for: – $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, […]
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