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Tag: Oman

Posted on February 1, 2021

BP Sells Oman Stake to Thai Firm in $25 Billion Divestment Drive

BP Plc will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy.

( read original story …)



Posted on February 1, 2021

Bp Plc To Sell 20% Participating Interest In Oman’s Block 61 – Quick Facts

Bp Plc (BP.L, BP_UN.TO, BP) has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and ??Production Public Company Limited. The agreed total consideration of $2.59 …

( read original story …)



Posted on February 1, 2021

BP Sells Oman Stake to Thai Firm in $25 Billion Divestment Drive

BP Plc will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy.

( read original story …)



Posted on February 1, 2021

Bp Plc To Sell 20% Participating Interest In Oman’s Block 61 – Quick Facts

Bp Plc (BP.L, BP_UN.TO, BP) has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and ??Production Public Company Limited. The agreed total consideration of $2.59 …

( read original story …)



Posted on February 1, 2021

BP part sells Oman gas field to Thai group for $2.6bn

LONDON: British energy giant BP on Monday said it had sold a 20-percent stake in Oman’s block 61 gas field to Thailand’s state-controlled PTTEP for $2.6 billion (2.15 billion euros). BP, which like …

( read original story …)



Posted on February 1, 2021

BP sells $2.6bn stake in Oman gas block to Thailand’s PTT

BP has agreed to sell a 20 per cent stake in an Oman gas block for $2.6bn to Thailand’s national oil company PTT as part of the UK energy major’s $25bn divestment programme. After the sale, which is …

( read original story …)



Posted on February 1, 2021

Oman extends closure of international land borders until February 8

As a precautionary measure to prevent the spread of the Covid-19 virus, Oman’s land borders will remain closed until 6pm on February 8 …

( read original story …)



Posted on January 31, 2021

Oman Wealth Fund’s Latest Revamp Focuses on Tourism, Real Estate

Oman’s $17 billion wealth fund plans to restructure its tourism and real estate investments in the latest shift by the $17 billion sovereign investor. The Oman Investment Authority will transfer a …

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Posted on January 31, 2021

Oman Investment Authority Goes the SDSWF Route

Oman remains battled fiscally, as oil prices remain low for the government. The Oman Investment Authority (OIA), the newly-formed SWF that is made from the Oman State General Reserve Fund, Oman …

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Posted on January 31, 2021

Oman extends land border closure till Feb. 8

The Sultanate of Oman decided Sunday to keep its land borders closed until Feb. 8. The Supreme Committee tasked with tackling developments resulting from the Covid-19 pandemic has decided, as per …

( read original story …)



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