Drilling and engineering contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts and contract extensions worth approximately US$110mn
Industry
US calls for security arrangements on Libya’s Sharara oil field
The US has called for urgent security measures on the al-Sharara oil field in Libya
Renewables will become the world’s largest source of power by 2040
BP, the oil and gas company, said that renewables will become the largest source of global power by 2040
OOMCO plans expansion in Saudi Arabia and Tanzania
Oman Oil Marketing Company (OOMCO) has announced a plan to expand its operations in Saudi Arabia and Tanzania
Moody’s: Oman’s deficit to remain around nine per cent of GDP in 2019
The 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