Shell’s reported Oman payments fall 13% as Block 6 output rises Business

Shell’s reported Oman payments fall 13% as Block 6 output rises

MUSCAT: Payments reported by energy major Shell to Omani government bodies from extractive activities declined by about 13 per cent to $3.99 billion in 2025, despite an increase in oil production from its flagship Block 6 in the Sultanate of Oman, according to company and official data. The decline from approximately $4.59 billion in 2024 […]

Concession pact for Block 80 signed Business

Concession pact for Block 80 signed

MUSCAT: The Ministry of Energy and Minerals (MoEM) signed a concession agreement on Wednesday for Block 80 with OQ Exploration and Production (OQEP) – Musandam Offshore and Turkish Petroleum Overseas Company Limited (TPOC). This comes within the framework of the Ministry’s efforts aimed at developing and utilising energy sources with high efficiency and innovation, and […]