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We are Oman’s Petroleum Industry first society to be officially approved and registered in the Sultanate of Oman. Registered on 27th October 2001. Our membership includes all companies working & serving Oil and Gas Sector including Producers & Operators, Main Contractors, Vendors, Suppliers, Sub-Contractors, Local Community, Contractors as well as training providers.
Oman's petroleum deposits were discovered in 1962, decades after most of those of its neighbours. Moreover, Oman's oil fields are generally smaller, more widely scattered, less productive, and more costly per barrel than in other Persian Gulf countries. The average well in Oman produces only around 400 barrels per day (bbl/d), about one-tenth the volume per well of those in neighbouring countries. To compensate, Oman uses a variety of enhanced oil recovery (EOR) techniques. While these raise production levels, they increase the cost.
Source (Reuters)
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