- An Egyptian consortium secured a long-term framework agreement with PDO, supporting increased energy production and infrastructure investments in Oman.
- PDO awarded Lufkin Industries a multi-year supply contract, amidst competition from Egyptian companies in Oman's energy tenders.
- Petroleum Development Oman is successfully securing major EPC contracts with an Indian multinational, utilizing the majority of Oman's oil and gas output.
Indian refiners are shifting procurement toward guaranteed Omani crude supply to gain value and limit exposure to geopolitical risks.
1 report, 1 independent
Updated Sep 1
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What happened
Indian refiners are shifting procurement toward guaranteed Omani crude supply to gain value and limit exposure to geopolitical risks.