Oman is the largest oil producer in non-OPEC Middle East, and built its production capacity steadily through the 1980s and 1990s to a peak of 956,000 b/d in 2001. Liquids production then declined before a reversal of fortunes in 2008/2009, mainly due to increasing condensate volumes and the success of enhanced oil recovery (EOR) projects. Output is dominated by the huge but mature Petroleum Development Oman (PDO) contract area, which produces around 70% of the country total...
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Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.
This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.
Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.
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Country report | Jul 2015
Oman oil supply summary
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