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 …
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 …
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 …
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 …
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 …
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 …
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 …
Coronavirus: Oman extends land border closure until February 8
Oman will extend the closure of its land borders for another week, until February 8, to curb the spread of the coronavirus, state TV said on Sunday, citing a decision by the Gulf state’s coronavirus …
Oman Investment Authority transfers investments to OMRAN
The Oman Investment Authority has announced that it will restructure its tourism and real estate investments in the sultanate by transferring them to the Oman Tourism Development Company (OMRAN), …
Covid-19: Oman extends land border closure by a week
The borders were closed on January 19 because of concerns about a new coronavirus variant, a measure that was extended last week.