Shipments of refined crude from Omans port of Sohar are continuing, a port spokeswoman said, after recent anti-government protests had blocked roads leading to the key industrial area in Oman.
Industry
New manufacturing facility launched in Jubail
Kuwait to spend US$90 billion to upgrade oil and gas industry
Kuwait Petroleum Corp (KPC) plans to spend US$90 billion in the next five years as part of its strategy to boost oil production and relaunch much of the countrys stalled upstream and downstream projects which have been affected by political wrangling.
Saipem wins oilfield contracts in Kuwait and Syria
Italys Saipem SpA, a subsidiary of Italian energy firm Eni, has signed two contracts with a total value in excess of US$1.2 billion to develop oilfields in Kuwait and Syria.
Oman's oil output jumps 6.6 per cent in 2010
Omans oil output and exports jumped significantly in 2010 with the countrys oil output rising by 6.6 per cent in the first ten months of 2010 compared to a year ago and oil exports increasing by 10.4 per cent, the latest figures from the Ministry of Economy revealed.
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