Oman is a country in the Middle East. Current GDP per capita has expanded continuously in the past 50 years. It grew 339% in the 1960s reaching a peak growth of 1,370% in the 1970s scaling back to modest 13% growth in the 1980s and rising again to 34% in the 1990s.
West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. This grade is described as Medium crude oil because of its relatively low density, and sweet because of its low sulfur content. It is the underlying commodity of New York Mercantile Exchange's oil futures contracts.
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company deliver's the majority of the country's crude oil production and natural gas supply, but above all it focus's on delivering excellence, growth and sustainable value creation within and well beyond our industry.
Yibal is the largest oilfield in Oman. It began production in 1968, and at its peak had a production of nearly 250,000 barrels per day (40,000 m3/d). In recent years, it has begun to decline, and in 2005 produces about 88,000 barrels per day (14,000 m3/d). The Yibal oil field is operated primarily by Petroleum Development Oman.
The Caspian Pipeline Consortium is a consortium and a pipeline to transport Caspian oil from Tengiz field to the Novorossiysk-2 Marine Terminal on Russia's Black Sea coast. It is also a major export route for oil from the Kashagan and Karachaganak fields. As of 2009, the CPC pipeline is the only oil export pipeline in Russian territory not wholly owned by Transneft.
Oman LNG is a LNG plant in Qalhat near Sur, Oman. The company was established by the Royal decree of Sultan Qaboos of Oman in 1994. The construction was launched in November 1996, and the plant was commissioned in September 2000. Oman LNG operates three LNG trains with a total capacity of 10.4 million tonnes per year. The company's production facilities are located on the coast at Qalhat near Sur in the South Sharqiyah Governorate, Oman.
Saipem S.p.A. is an Italian oil and gas industry contractor. It was a subsidiary of Italian energy company Eni, which owned approximately 30% of Saipem's shares until 2016. Saipem has been contracted for designing and constructing several pipelines, including Blue Stream, Greenstream, Nord Stream and South Stream.
Oman Oil Company (OOC) is a national petroleum investment company of Oman. It is wholly owned by the Government of Oman. In addition to the oil and gas exploration and production, the company also invests in power generation, energy transportation and infrastructure, oil refining, and petrochemicals manufacturing. It has invested to over 50 projects across 15 countries.
Solar thermal enhanced oil recovery is a form of thermal enhanced oil recovery (EOR), a technique applied by oil producers to extract more oil from maturing oil fields. Solar EOR uses solar thermal arrays to concentrate the sun's energy to heat water and generate steam. The steam is injected into an oil reservoir to reduce the viscosity, or thin, heavy crude thus facilitating its flow to the surface. Thermal recovery processes, also known as steam injection, have traditionally burned natural gas to produce steam. Solar EOR is proving to be a viable alternative to gas-fired steam production for the oil industry. Solar EOR can generate the same quality steam as natural gas, reaching temperatures up to 750˚F (400˚C) and 2,500 PSI.
Energy use in Oman was 175 TWh and 61 TWh per million people in 2009. In 2008, primary energy use in Oman grew to 191 TWh and 69 TWh per million people.
Muscat International Airport, formerly Seeb International Airport, is the main international airport in Oman and is situated 32 km from the old city and capital Muscat within the Muscat metropolitan area. The airport serves as the hub for flag carrier Oman Air and Oman's first budget airline Salam Air features flights to several regional destinations as well as some intercontinental services to Asia, Africa and Europe.
GlassPoint Solar is a private company founded in 2009 that designs and manufactures solar steam generators that use solar thermal technology to generate steam for industrial processes.
The Ministry of Oil and Gas (MOG) is the governmental body in the Sultanate of Oman responsible for developing and implementing the government policy for exploiting the oil and gas resources in Oman.
The Khazzan-Makarem gas field is a tight (Low Permeability) natural gas field located in the Ad Dhahirah Governorate. It was discovered in 2000 and developed by BP. It began production in 2017 and produces natural gas and condensates. The total proven reserves of the Khazzan-Makarem gas field are around 100 trillion cubic feet (2800×109m³), and production is slated to be around 1.2 billion cubic feet/day (34.2×105m³).
Marmul is an airport serving the Petroleum Development Oman (PDO) operations at the Marmul heavy oil field in Oman. The airport is 6 kilometres (3.7 mi) southwest of the main PDO camp.
Mukhaizna Airport is an airport serving the Mukhaizna oil field in Oman. The runway has 300 metres (980 ft) overruns on each end.
Miraah is a solar thermal energy plant that is under construction in Oman for the production of steam for solar thermal enhanced oil recovery. In July 2015, Petroleum Development Oman and GlassPoint Solar announced that they signed a $600 million agreement to build the 1 GWth solar field. The project will be one of the world's largest solar field measured by peak thermal capacity.
Gulf Energy SAOC is an Omani oil and gas exploration and production company with operations in the Middle East and North Africa region.
