Industry

KCAD wins US$110mn land drilling contracts in the Middle East, Russia and Africa

KCA Deutag Land RigjpgDrilling and engineering contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts and contract extensions worth approximately US$110mn

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US calls for security arrangements on Libya’s Sharara oil field

25674004714 e723ef3dd2 z 1The US has called for urgent security measures on the al-Sharara oil field in Libya

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Renewables will become the world’s largest source of power by 2040

3272423901 d26ffce5f8 zBP, the oil and gas company, said that renewables will become the largest source of global power by 2040

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OOMCO plans expansion in Saudi Arabia and Tanzania

in the occasion of renaissance day oman oil marketing company opens 3 new service stationsOman Oil Marketing Company (OOMCO) has announced a plan to expand its operations in Saudi Arabia and Tanzania

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Moody’s: Oman’s deficit to remain around nine per cent of GDP in 2019

344095434 6dee09cd1c zThe Oman budget deficit is expected to remain around nine per cent of the gross domestic product (GDP) in 2019, according to Moody’s Investors Service

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